TX
Texas House Bill HB2786

Texas 2025 - 89th Regular

Texas House Bill HB2786 Compare Versions

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1-89R21800 MLH-F
2- By: Turner, Geren H.B. No. 2786
3- Substitute the following for H.B. No. 2786:
4- By: Martinez Fischer C.S.H.B. No. 2786
1+89R8680 MLH-F
2+ By: Turner H.B. No. 2786
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75
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97 A BILL TO BE ENTITLED
108 AN ACT
11- relating to the frequency with which certain appraisal districts
12- are required to reappraise property for ad valorem tax purposes.
9+ relating to the frequency with which an appraisal district is
10+ required to reappraise property for ad valorem tax purposes.
1311 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1412 SECTION 1. Section 6.05(i), Tax Code, is amended to read as
1513 follows:
1614 (i) To ensure adherence with generally accepted appraisal
1715 practices, the board of directors of an appraisal district shall
18- develop biennially a written plan for the periodic reappraisal of
19- all property within the boundaries of the district according to the
20- requirements of Section 25.18 and shall hold a public hearing to
21- consider the proposed plan. The written plan developed by the board
22- of directors of an appraisal district to which Section 6.0301
23- applies must provide for the annual reappraisal of all property
24- within the boundaries of the district. Not later than the 10th day
25- before the date of the hearing, the secretary of the board shall
26- deliver to the presiding officer of the governing body of each
16+ develop biennially a written plan for the annual [periodic]
17+ reappraisal of all property within the boundaries of the district
18+ according to the requirements of Section 25.18 and shall hold a
19+ public hearing to consider the proposed plan. Not later than the
20+ 10th day before the date of the hearing, the secretary of the board
21+ shall deliver to the presiding officer of the governing body of each
2722 taxing unit participating in the district a written notice of the
2823 date, time, and place for the hearing. Not later than September 15
2924 of each even-numbered year, the board shall complete its hearings,
3025 make any amendments, and by resolution finally approve the plan.
3126 Copies of the approved plan shall be distributed to the presiding
3227 officer of the governing body of each taxing unit participating in
3328 the district and to the comptroller within 60 days of the approval
3429 date.
35- SECTION 2. Section 25.18, Tax Code, is amended by adding
36- Subsection (a-1) to read as follows:
37- (a-1) The plan implemented by an appraisal office for an
38- appraisal district to which Section 6.0301 applies shall provide
39- for the reappraisal of all real and personal property by the chief
40- appraiser each year. The chief appraiser shall use the most recent
41- information obtained through the reappraisal activities described
42- by Subsection (b) when performing a reappraisal.
43- SECTION 3. This Act takes effect January 1, 2026.
30+ SECTION 2. Section 11.35(k), Tax Code, is amended to read as
31+ follows:
32+ (k) The exemption authorized by this section expires as to
33+ an item of qualified property on January 1 of the [first] tax year
34+ following the tax year in which the person who owns the property
35+ qualifies for the exemption authorized by this section [in which
36+ the property is reappraised under Section 25.18].
37+ SECTION 3. Section 23.23(a), Tax Code, is amended to read as
38+ follows:
39+ (a) An [Notwithstanding the requirements of Section 25.18
40+ and regardless of whether the appraisal office has appraised the
41+ property and determined the market value of the property for the tax
42+ year, an] appraisal office may increase the appraised value of a
43+ residence homestead for a tax year to an amount not to exceed the
44+ lesser of:
45+ (1) the market value of the property [for the most
46+ recent tax year that the market value was determined by the
47+ appraisal office]; or
48+ (2) the sum of:
49+ (A) 10 percent of the appraised value of the
50+ property for the preceding tax year;
51+ (B) the appraised value of the property for the
52+ preceding tax year; and
53+ (C) the market value of all new improvements to
54+ the property.
55+ SECTION 4. Section 23.231(d), Tax Code, is amended to read
56+ as follows:
57+ (d) An [Notwithstanding the requirements of Section 25.18
58+ and regardless of whether the appraisal office has appraised the
59+ property and determined the market value of the property for the tax
60+ year, an] appraisal office may increase the appraised value of real
61+ property to which this section applies for a tax year to an amount
62+ not to exceed the lesser of:
63+ (1) the market value of the property [for the most
64+ recent tax year that the market value was determined by the
65+ appraisal office]; or
66+ (2) the sum of:
67+ (A) 20 percent of the appraised value of the
68+ property for the preceding tax year;
69+ (B) the appraised value of the property for the
70+ preceding tax year; and
71+ (C) the market value of all new improvements to
72+ the property.
73+ SECTION 5. The heading to Section 25.18, Tax Code, is
74+ amended to read as follows:
75+ Sec. 25.18. ANNUAL [PERIODIC] REAPPRAISALS.
76+ SECTION 6. Section 25.18, Tax Code, is amended by amending
77+ Subsection (a) and adding Subsection (a-1) to read as follows:
78+ (a) Each appraisal office shall implement the plan for the
79+ annual [periodic] reappraisal of property approved by the board of
80+ directors under Section 6.05(i).
81+ (a-1) The plan shall provide for the reappraisal of all real
82+ and personal property by the chief appraiser each year. The chief
83+ appraiser shall use the most recent information obtained through
84+ the reappraisal activities described by Subsection (b) when
85+ performing a reappraisal.
86+ SECTION 7. Sections 11.35(k), 23.23(a), and 23.231(d), Tax
87+ Code, as amended by this Act, apply only to an ad valorem tax year
88+ that begins on or after the effective date of this Act.
89+ SECTION 8. This Act takes effect January 1, 2026.