By Ratliff S.B. No. 1423 75R6803 SMH-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the right of certain lessees of real property to 1-3 protest before an appraisal review board a determination of the 1-4 appraised value of the property for ad valorem tax purposes. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Section 41.413(b), Tax Code, is amended to read 1-7 as follows: 1-8 (b) A person leasing real property who is contractually 1-9 obligated to reimburse the property owner for taxes imposed on the 1-10 property is entitled to protest before the appraisal review board a 1-11 determination of the appraised value of the property if the lease 1-12 does not prohibit the person from filing a protest relating to the 1-13 property and the property owner does not file a protest relating to 1-14 the property. The protest provided by this subsection is limited 1-15 to a single protest by either the property owner or the lessee. 1-16 This subsection applies only to real property leased to one lessee. 1-17 This subsection does not apply to a multitenant property. 1-18 SECTION 2. The change in law made by this Act applies only 1-19 to a protest filed on or after the effective date of this Act. A 1-20 protest filed before the effective date of this Act is covered by 1-21 the law in effect on the date the protest was filed, and that law 1-22 is continued in effect for that purpose. 1-23 SECTION 3. This Act takes effect September 1, 1997. 1-24 SECTION 4. The importance of this legislation and the 2-1 crowded condition of the calendars in both houses create an 2-2 emergency and an imperative public necessity that the 2-3 constitutional rule requiring bills to be read on three several 2-4 days in each house be suspended, and this rule is hereby suspended.