Texas 2025 - 89th Regular

Texas House Bill HB4864 Compare Versions

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11 89R2550 MLH-D
22 By: Metcalf H.B. No. 4864
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77 A BILL TO BE ENTITLED
88 AN ACT
99 relating to the eligibility of a person to serve as an arbitrator in
1010 a binding arbitration of an appeal of an appraisal review board
1111 order.
1212 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1313 SECTION 1. Section 41A.06(b), Tax Code, is amended to read
1414 as follows:
1515 (b) To initially qualify to serve as an arbitrator under
1616 this chapter, a person must:
1717 (1) meet the following requirements, as applicable:
1818 (A) be licensed as an attorney in this state; or
1919 (B) have:
2020 (i) completed at least 30 hours of training
2121 in arbitration and alternative dispute resolution procedures from a
2222 university, college, or legal or real estate trade association; and
2323 (ii) been licensed or certified
2424 continuously during the five years preceding the date the person
2525 agrees to serve as an arbitrator as:
2626 (a) a real estate broker or sales
2727 agent under Chapter 1101, Occupations Code;
2828 (b) a real estate appraiser under
2929 Chapter 1103, Occupations Code; [or]
3030 (c) a certified public accountant
3131 under Chapter 901, Occupations Code; or
3232 (d) a registered professional
3333 appraiser under Chapter 1151, Occupations Code;
3434 (2) complete the courses for training and education of
3535 appraisal review board members established under Sections 5.041(a)
3636 and (e-1) and be issued a certificate for each course indicating
3737 course completion;
3838 (3) complete the training program on property tax law
3939 for the training and education of arbitrators established under
4040 Section 5.043; and
4141 (4) agree to conduct an arbitration for a fee that is
4242 not more than:
4343 (A) $400, if the property qualifies as the
4444 owner's residence homestead under Section 11.13 and the appraised
4545 or market value, as applicable, of the property is $500,000 or less,
4646 as determined by the order;
4747 (B) $450, if the property qualifies as the
4848 owner's residence homestead under Section 11.13 and the appraised
4949 or market value, as applicable, of the property is more than
5050 $500,000, as determined by the order;
5151 (C) $450, if the property does not qualify as the
5252 owner's residence homestead under Section 11.13 and the appraised
5353 or market value, as applicable, of the property is $1 million or
5454 less, as determined by the order;
5555 (D) $750, if the property does not qualify as the
5656 owner's residence homestead under Section 11.13 and the appraised
5757 or market value, as applicable, of the property is more than $1
5858 million but not more than $2 million, as determined by the order;
5959 (E) $1,000, if the property does not qualify as
6060 the owner's residence homestead under Section 11.13 and the
6161 appraised or market value, as applicable, of the property is more
6262 than $2 million but not more than $3 million, as determined by the
6363 order; or
6464 (F) $1,500, if the property does not qualify as
6565 the owner's residence homestead under Section 11.13 and the
6666 appraised or market value, as applicable, of the property is more
6767 than $3 million but not more than $5 million, as determined by the
6868 order.
6969 SECTION 2. This Act takes effect immediately if it receives
7070 a vote of two-thirds of all the members elected to each house, as
7171 provided by Section 39, Article III, Texas Constitution. If this
7272 Act does not receive the vote necessary for immediate effect, this
7373 Act takes effect September 1, 2025.