| 1 | 1 | | 88R5592 RDS-D |
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| 2 | 2 | | By: Lozano H.B. No. 1895 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the method to be used by the chief appraiser of an |
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| 8 | 8 | | appraisal district to determine the market value for ad valorem tax |
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| 9 | 9 | | purposes of the real property of a recreational vehicle park. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Subchapter B, Chapter 23, Tax Code, is amended by |
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| 12 | 12 | | adding Section 23.27 to read as follows: |
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| 13 | 13 | | Sec. 23.27. RECREATIONAL VEHICLE PARK. (a) In this |
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| 14 | 14 | | section, "recreational vehicle park" has the meaning assigned by |
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| 15 | 15 | | Section 13.087, Water Code. |
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| 16 | 16 | | (b) In determining the market value of the real property of |
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| 17 | 17 | | a recreational vehicle park, the chief appraiser shall use the cost |
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| 18 | 18 | | method of appraisal. |
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| 19 | 19 | | SECTION 2. Section 23.27, Tax Code, as added by this Act, |
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| 20 | 20 | | applies only to the appraisal of the real property of a recreational |
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| 21 | 21 | | vehicle park for a tax year that begins on or after the effective |
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| 22 | 22 | | date of this Act. |
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| 23 | 23 | | SECTION 3. This Act takes effect January 1, 2024. |
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