| 1 | 1 | | 88R8032 TJB-D |
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| 2 | 2 | | By: Hancock S.B. No. 2409 |
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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 authority of a lessee of property to appeal certain |
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| 8 | 8 | | ad valorem tax determinations through binding arbitration. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Chapter 41A, Tax Code, is amended by adding |
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| 11 | 11 | | Section 41A.011 to read as follows: |
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| 12 | 12 | | Sec. 41A.011. RIGHT TO APPEAL BY PERSON LEASING PROPERTY. |
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| 13 | 13 | | (a) As an alternative to filing an appeal under Section 42.015, a |
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| 14 | 14 | | person leasing property who is contractually obligated to reimburse |
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| 15 | 15 | | the property owner for taxes imposed on the property is entitled to |
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| 16 | 16 | | appeal through binding arbitration under this chapter an appraisal |
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| 17 | 17 | | review board order determining a protest concerning the appraised |
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| 18 | 18 | | or market value of property if: |
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| 19 | 19 | | (1) the protest was brought by: |
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| 20 | 20 | | (A) the person under Section 41.413; or |
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| 21 | 21 | | (B) the property owner if the property owner does |
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| 22 | 22 | | not appeal the order; and |
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| 23 | 23 | | (2) the appraised or market value, as applicable, of |
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| 24 | 24 | | the property as determined by the order is $5 million or less. |
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| 25 | 25 | | (b) A person appealing an order of the appraisal review |
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| 26 | 26 | | board under this section is considered the owner of the property for |
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| 27 | 27 | | purposes of the appeal. The chief appraiser shall deliver a copy of |
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| 28 | 28 | | any notice relating to the appeal to the owner of the property and |
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| 29 | 29 | | to the person bringing the appeal. |
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| 30 | 30 | | SECTION 2. This Act takes effect September 1, 2023. |
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