| 1 | 1 | | 84R2969 TJB-F |
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| 2 | 2 | | By: Keffer H.B. No. 3989 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the determination of the appraised value of property |
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| 8 | 8 | | for purposes of an ad valorem tax protest or appeal. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Section 41.43, Tax Code, is amended by adding |
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| 11 | 11 | | Subsection (e) to read as follows: |
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| 12 | 12 | | (e) For purposes of Subsection (b)(3), the median appraised |
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| 13 | 13 | | value of comparable properties must be calculated using the |
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| 14 | 14 | | appraised value of each comparable property as shown in the |
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| 15 | 15 | | appraisal records submitted to the appraisal review board by the |
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| 16 | 16 | | chief appraiser under Section 25.22 or 25.23. |
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| 17 | 17 | | SECTION 2. Section 42.26, Tax Code, is amended by adding |
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| 18 | 18 | | Subsection (e) to read as follows: |
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| 19 | 19 | | (e) For purposes of Subsection (a)(3), the median appraised |
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| 20 | 20 | | value of comparable properties must be calculated using the |
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| 21 | 21 | | appraised value of each comparable property as shown in the |
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| 22 | 22 | | appraisal records certified by the chief appraiser under Section |
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| 23 | 23 | | 26.01. |
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| 24 | 24 | | SECTION 3. Section 41.43(e), Tax Code, as added by this Act, |
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| 25 | 25 | | applies only to a protest under Chapter 41, Tax Code, for which a |
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| 26 | 26 | | notice of protest is filed on or after the effective date of this |
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| 27 | 27 | | Act. A protest under Chapter 41, Tax Code, for which a notice of |
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| 28 | 28 | | protest was filed before the effective date of this Act is governed |
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| 29 | 29 | | by the law in effect on the date the notice of protest was filed, and |
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| 30 | 30 | | the former law is continued in effect for that purpose. |
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| 31 | 31 | | SECTION 4. Section 42.26(e), Tax Code, as added by this Act, |
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| 32 | 32 | | applies only to an appeal under Chapter 42, Tax Code, for which a |
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| 33 | 33 | | petition for review is filed on or after the effective date of this |
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| 34 | 34 | | Act. An appeal under Chapter 42, Tax Code, for which a petition for |
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| 35 | 35 | | review was filed before the effective date of this Act is governed |
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| 36 | 36 | | by the law in effect on the date the petition for review was filed, |
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| 37 | 37 | | and the former law is continued in effect for that purpose. |
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| 38 | 38 | | SECTION 5. This Act takes effect immediately if it receives |
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| 39 | 39 | | a vote of two-thirds of all the members elected to each house, as |
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| 40 | 40 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 41 | 41 | | Act does not receive the vote necessary for immediate effect, this |
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| 42 | 42 | | Act takes effect September 1, 2015. |
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