Bill not drafted by TLC or Senate E&E.
Line and page numbers may not match official copy.
By Mowery H.B. No. 2540
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to ad valorem taxation and appraisal value.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 42.29, Property Tax Code, is amended by
1-5 adding the following paragraph:
1-6 If, however, the appraisal district has overvalued said
1-7 property by more than 200% (as finally determined by the court),
1-8 then recovery of attorney's fees are not affected by the above
1-9 limitations.
1-10 SECTION 2. The importance of this legislation and the
1-11 crowded condition of the calendars in both houses create an
1-12 emergency and an imperative public necessity that the
1-13 constitutional rule requiring bills to be read on three several
1-14 days in each house be suspended, and this rule is hereby suspended.