Modifies provisions relating to the state tax commission

HB 777 requires the state tax commission to create final specifications for computer-assisted mass appraisal (CAMA) software used by county assessors. It mandates that counties must comply with these specifications within timelines set in their local assessment plans, and allows the tax commission to compensate counties through their local assessment funds to cover compliance costs. The bill also grants the tax commission authority to create rules for administering these provisions, subject to standard rulemaking processes under state law. This directly affects counties managing property valuations and the state tax commission overseeing the process.