88R5592 RDS-D
By: Lozano H.B. No. 1895
A BILL TO BE ENTITLED
AN ACT
relating to the method to be used by the chief appraiser of an
appraisal district to determine the market value for ad valorem tax
purposes of the real property of a recreational vehicle park.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter B, Chapter 23, Tax Code, is amended by
adding Section 23.27 to read as follows:
Sec. 23.27. RECREATIONAL VEHICLE PARK. (a) In this
section, "recreational vehicle park" has the meaning assigned by
Section 13.087, Water Code.
(b) In determining the market value of the real property of
a recreational vehicle park, the chief appraiser shall use the cost
method of appraisal.
SECTION 2. Section 23.27, Tax Code, as added by this Act,
applies only to the appraisal of the real property of a recreational
vehicle park for a tax year that begins on or after the effective
date of this Act.
SECTION 3. This Act takes effect January 1, 2024.