By Craddick                                           H.B. No. 2609
       74R7095 PAM-F
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to real property valuations for certain governmental
    1-3  purposes.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 23.01(b), Tax Code, is amended to read as
    1-6  follows:
    1-7        (b)  The market value of property shall be determined by the
    1-8  application of generally accepted appraisal techniques, and the
    1-9  same or similar appraisal techniques shall be used in appraising
   1-10  the same or similar kinds of property.  However, each property
   1-11  shall be appraised based upon the individual characteristics that
   1-12  affect the property's market value, including the property's
   1-13  location, visibility, and highest and best use and the access to
   1-14  and from the property.
   1-15        SECTION 2.  Section 21.041, Property Code, is amended to read
   1-16  as follows:
   1-17        Sec. 21.041.  Evidence.  As the basis for assessing actual
   1-18  damages to a property owner from a condemnation, the special
   1-19  commissioners shall admit evidence on:
   1-20              (1)  the value of the property being condemned;
   1-21              (2)  the individual characteristics that affect the
   1-22  property's value, including the property's location, visibility,
   1-23  and highest and best use and the access to and from the property;
   1-24              (3)  the injury to the property owner;
    2-1              (4) <(3)>  the benefit to the property owner's
    2-2  remaining property; and
    2-3              (5) <(4)>  the use of the property for the purpose of
    2-4  the condemnation.
    2-5        SECTION 3.  This Act takes effect September 1, 1995.
    2-6        SECTION 4.  The importance of this legislation and the
    2-7  crowded condition of the calendars in both houses create an
    2-8  emergency and an imperative public necessity that the
    2-9  constitutional rule requiring bills to be read on three several
   2-10  days in each house be suspended, and this rule is hereby suspended.