84R10424 T
By: Hancock S.B. No. 773
A BILL TO BE ENTITLED
AN ACT
relating to the requirement a protest or appeal based upon
inequality of appraisal be determined by the application of
generally accepted appraisal methods and techniques.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. SECTION 23.01, Tax Code, is amended by adding
Subsection (f) to read as follows:
(f) The selection of comparable properties and the
application of appropriate adjustments for the determination of an
appraised value of property under Sections 41.43(b)(3) and
42.26(a)(3) of this code shall be based upon the application of
generally accepted appraisal methods and techniques.
SECTION 2. This Act takes effect January 1, 2016.