88R8032 TJB-D
By: Hancock S.B. No. 2409
A BILL TO BE ENTITLED
AN ACT
relating to the authority of a lessee of property to appeal certain
ad valorem tax determinations through binding arbitration.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Chapter 41A, Tax Code, is amended by adding
Section 41A.011 to read as follows:
Sec. 41A.011. RIGHT TO APPEAL BY PERSON LEASING PROPERTY.
(a) As an alternative to filing an appeal under Section 42.015, a
person leasing property who is contractually obligated to reimburse
the property owner for taxes imposed on the property is entitled to
appeal through binding arbitration under this chapter an appraisal
review board order determining a protest concerning the appraised
or market value of property if:
(1) the protest was brought by:
(A) the person under Section 41.413; or
(B) the property owner if the property owner does
not appeal the order; and
(2) the appraised or market value, as applicable, of
the property as determined by the order is $5 million or less.
(b) A person appealing an order of the appraisal review
board under this section is considered the owner of the property for
purposes of the appeal. The chief appraiser shall deliver a copy of
any notice relating to the appeal to the owner of the property and
to the person bringing the appeal.
SECTION 2. This Act takes effect September 1, 2023.