Enrolled Bill Summary

Senate Bill 863 amends the Tax Code to provide that if a taxing unit does not make a required property tax refund within 60 days after the chief appraiser has certified an appraisal roll correction, the taxing unit must pay interest on the refund at an annual rate of 12 percent. If, at least 180 days following such certification, a property owner files and prevails in a suit to compel a refund and interest, the property owner is entitled to court costs and reasonable attorney's fees.