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