1 | 1 | | 84R23258 CJC-F |
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2 | 2 | | By: Elkins, Bonnen of Galveston H.B. No. 3867 |
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3 | 3 | | Substitute the following for H.B. No. 3867: |
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4 | 4 | | By: Bohac C.S.H.B. No. 3867 |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to the appeal through binding arbitration of certain |
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10 | 10 | | appraisal review board orders; changing the amounts of certain |
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11 | 11 | | fees. |
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12 | 12 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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13 | 13 | | SECTION 1. Section 41A.01, Tax Code, is amended to read as |
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14 | 14 | | follows: |
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15 | 15 | | Sec. 41A.01. RIGHT OF APPEAL BY PROPERTY OWNER. As an |
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16 | 16 | | alternative to filing an appeal under Section 42.01, a property |
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17 | 17 | | owner is entitled to appeal through binding arbitration under this |
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18 | 18 | | chapter an appraisal review board order determining a protest filed |
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19 | 19 | | under Section 41.41(a)(1) or (2) concerning the appraised or market |
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20 | 20 | | value of property if: |
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21 | 21 | | (1) the property qualifies as the owner's residence |
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22 | 22 | | homestead under Section 11.13; or |
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23 | 23 | | (2) the appraised or market value, as applicable, of |
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24 | 24 | | the property as determined by the order is $3 [$1] million or less. |
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25 | 25 | | SECTION 2. Section 41A.03(a), Tax Code, is amended to read |
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26 | 26 | | as follows: |
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27 | 27 | | (a) To appeal an appraisal review board order under this |
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28 | 28 | | chapter, a property owner must file with the appraisal district not |
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29 | 29 | | later than the 45th day after the date the property owner receives |
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30 | 30 | | notice of the order: |
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31 | 31 | | (1) a completed request for binding arbitration under |
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32 | 32 | | this chapter in the form prescribed by Section 41A.04; and |
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33 | 33 | | (2) an arbitration deposit made payable to the |
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34 | 34 | | comptroller in the amount of: |
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35 | 35 | | (A) $450, if the property qualifies as the |
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36 | 36 | | owner's residence homestead under Section 11.13 and the appraised |
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37 | 37 | | or market value, as applicable, of the property is $500,000 or less, |
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38 | 38 | | as determined by the order; |
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39 | 39 | | (B) $500, if the property qualifies as the |
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40 | 40 | | owner's residence homestead under Section 11.13 and the appraised |
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41 | 41 | | or market value, as applicable, of the property is more than |
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42 | 42 | | $500,000, as determined by the order; |
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43 | 43 | | (C) $500, if the property does not qualify as the |
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44 | 44 | | owner's residence homestead under Section 11.13 and the appraised |
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45 | 45 | | or market value, as applicable, of the property is $1 million or |
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46 | 46 | | less, as determined by the order; |
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47 | 47 | | (D) $800, if the property does not qualify as the |
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48 | 48 | | owner's residence homestead under Section 11.13 and the appraised |
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49 | 49 | | or market value, as applicable, of the property is more than $1 |
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50 | 50 | | million but not more than $2 million, as determined by the order; or |
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51 | 51 | | (E) $1,050, if the property does not qualify as |
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52 | 52 | | the owner's residence homestead under Section 11.13 and the |
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53 | 53 | | appraised or market value, as applicable, of the property is more |
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54 | 54 | | than $2 million but not more than $3 million, as determined by the |
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55 | 55 | | order [$500]. |
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56 | 56 | | SECTION 3. Section 41A.05(b), Tax Code, is amended to read |
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57 | 57 | | as follows: |
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58 | 58 | | (b) The comptroller may retain $50 [an amount equal to 10 |
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59 | 59 | | percent] of the deposit to cover the comptroller's administrative |
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60 | 60 | | costs. |
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61 | 61 | | SECTION 4. Section 41A.06(b), Tax Code, is amended to read |
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62 | 62 | | as follows: |
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63 | 63 | | (b) To initially qualify to serve as an arbitrator under |
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64 | 64 | | this chapter, a person must: |
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65 | 65 | | (1) meet the following requirements, as applicable: |
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66 | 66 | | (A) be licensed as an attorney in this state; or |
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67 | 67 | | (B) have: |
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68 | 68 | | (i) completed at least 30 hours of training |
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69 | 69 | | in arbitration and alternative dispute resolution procedures from a |
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70 | 70 | | university, college, or legal or real estate trade association; and |
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71 | 71 | | (ii) been licensed or certified |
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72 | 72 | | continuously during the five years preceding the date the person |
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73 | 73 | | agrees to serve as an arbitrator as: |
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74 | 74 | | (a) a real estate broker or |
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75 | 75 | | salesperson under Chapter 1101, Occupations Code; |
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76 | 76 | | (b) a real estate appraiser under |
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77 | 77 | | Chapter 1103, Occupations Code; or |
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78 | 78 | | (c) a certified public accountant |
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79 | 79 | | under Chapter 901, Occupations Code; and |
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80 | 80 | | (2) agree to conduct an arbitration for a fee that is |
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81 | 81 | | not more than: |
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82 | 82 | | (A) $400, if the property qualifies as the |
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83 | 83 | | owner's residence homestead under Section 11.13 and the appraised |
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84 | 84 | | or market value, as applicable, of the property is $500,000 or less, |
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85 | 85 | | as determined by the order; |
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86 | 86 | | (B) $450, if the property qualifies as the |
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87 | 87 | | owner's residence homestead under Section 11.13 and the appraised |
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88 | 88 | | or market value, as applicable, of the property is more than |
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89 | 89 | | $500,000, as determined by the order; |
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90 | 90 | | (C) $450, if the property does not qualify as the |
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91 | 91 | | owner's residence homestead under Section 11.13 and the appraised |
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92 | 92 | | or market value, as applicable, of the property is $1 million or |
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93 | 93 | | less, as determined by the order; |
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94 | 94 | | (D) $750, if the property does not qualify as the |
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95 | 95 | | owner's residence homestead under Section 11.13 and the appraised |
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96 | 96 | | or market value, as applicable, of the property is more than $1 |
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97 | 97 | | million but not more than $2 million, as determined by the order; or |
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98 | 98 | | (E) $1,000, if the property does not qualify as |
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99 | 99 | | the owner's residence homestead under Section 11.13 and the |
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100 | 100 | | appraised or market value, as applicable, of the property is more |
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101 | 101 | | than $2 million but not more than $3 million, as determined by the |
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102 | 102 | | order [90 percent of the amount of the arbitration deposit required |
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103 | 103 | | by Section 41A.03]. |
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104 | 104 | | SECTION 5. The change in law made by this Act applies only |
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105 | 105 | | to a request for binding arbitration under Chapter 41A, Tax Code, |
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106 | 106 | | that is filed on or after the effective date of this Act. A request |
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107 | 107 | | for binding arbitration under Chapter 41A, Tax Code, that is filed |
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108 | 108 | | before the effective date of this Act is governed by the law in |
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109 | 109 | | effect on the date the request is filed, and the former law is |
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110 | 110 | | continued in effect for that purpose. |
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111 | 111 | | SECTION 6. This Act takes effect September 1, 2015. |
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