Texas Senate Bill SB599

Texas 2019 - 86th Regular

Caption

Relating to the use of information concerning the value of certain comparable properties in determining the value of property in an ad valorem tax protest.

Impact

The impact of SB599 is significant as it introduces an added layer of protection for property owners engaged in tax protests. By disallowing the use of potentially contentious comparable property values in the absence of prior notification, the bill seeks to enhance transparency and fairness in property tax assessments. It implies a shift towards more equitable treatment of property owners who are challenging their property tax valuations and aims to prevent appraisal districts from leveraging uncertain data during the protest process.

Summary

Senate Bill 599 addresses the use of information regarding comparable properties in the determination of property value during ad valorem tax protests. Specifically, the bill amends Section 41.43 of the Tax Code by introducing a restriction on the appraisal districts. It states that appraisal districts cannot use the appraised value of comparable properties as evidence in hearings on tax protests if those properties were also subjects of protests for the same tax year, unless the district provides notice to the property owner beforehand. This aims to safeguard against the unfair use of data that may not reflect consistent valuation practices.

Contention

Notable points of contention surrounding SB599 may arise from differing perspectives on property valuation methods. Supporters argue that this bill is necessary to ensure a fair process for property owners, while critics might contend that the restriction could hinder appraisal districts from providing adequate evidence during protests. They could argue that this limitation may complicate the process of establishing fair market value, which could disadvantage some property owners while benefiting others.

Additional_notes

Overall, SB599 seeks to balance the interests of taxpayers with the operational needs of appraisal districts, striving to establish a more level playing field in property tax disputes.