Enrolled Bill Summary

            House Bill 1037 relates to property that overlaps county boundaries, sometimes producing property tax appraisal and exemption treatment differences between appraisal districts. Legislation from 1997 established a system whereby differing appraisals were averaged and the average value could be protested through the appraisal review board process. This act amends the Tax Code to reverse that change, eliminate the averaging system, and return to pre-1997 language providing simply that chief appraisers coordinate their appraisal activities to the extent practicable so as to encourage and facilitate appraisal of overlapping property at the same value. The act also eliminates a 1997 provision requiring, for such properties, that a residence homestead exemption or elderly and disabled homestead exemption approved by one chief appraiser be honored by other chief appraisers.