Texas House Bill HB1783

Texas 2017 - 85th Regular

Caption

Relating to the appeal through binding arbitration of certain appraisal review board orders; changing the amounts of certain fees.

Impact

This legislative change would have significant implications for property owners in Texas, particularly those appealing their property valuations. By adjusting the fees required for arbitration depending on property value and type, HB1783 seeks to reduce the financial burden on homeowners and facilitate a more equitable process for resolving appraisal disputes. The bill’s structure is intended to encourage property owners to engage with the arbitration system, which could lead to more settlements without lengthy litigation.

Summary

House Bill 1783 proposes amendments to the Texas Tax Code regarding the appeal process for appraisal review board orders through binding arbitration. Specifically, the bill modifies the requirements and fees associated with appealing these orders, establishing different arbitration deposit amounts based on the property’s value and whether the property qualifies as a homestead. The bill aims to provide a clearer framework for property owners seeking arbitration, thereby potentially streamlining the appeals process.

Contention

While the bill is framed as a means to improve access to arbitration for property owners, there may be concerns from various stakeholders regarding the revised fees. Advocates argue that lowering the cost for lower-valued properties and increasing fees for higher-valued homes is a fair compromise. However, critics might contend that any increase in fees could dissuade property owners from pursuing legitimate appeals, ultimately affecting their financial well-being and fairness in the property tax system. The balance between making arbitration accessible versus potentially creating barriers through increased costs is a central point of debate.