What does Texas SB1023 do?
SB1023 transforms property tax rate calculation from a simple data-entry task into a mandatory digital evidence submission process, requiring hyperlinks for all input values effective Tax Year 2026. This law forces immediate software updates for GovTech vendors and scope-of-work revisions for tax consultants and legal counsel serving local governments to accommodate granular Reinvestment Zone (TIF) accounting and document hosting. Implementation Timeline Effective Date: January 1, 2026.