SRC-DBM S.B. 1203 76(R) BILL ANALYSIS Senate Research Center S.B. 1203 76R6893 SMH-FBy: Cain Finance 4/9/1999 As Filed DIGEST Currently, Section 41.43(b), Tax Code, and Section 42.26(a) and (b), Tax Code, establish procedures for deciding an appeal of property valuations by an appraisal district on the grounds of unequal appraisal; the relief granting standards are different in these two sections, the former grants relief from any variation from the medial level of appraisal, and the latter limits relief to variations greater than ten percent from the median level of appraisal. These sections also differ with regard to methods of determining the medial level of appraisal. S.B. 1203 would remedy unequal appraisals of property by an appraisal district. PURPOSE As proposed, S.B. 1203 remedies unequal appraisals of property by an appraisal district. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 41.43(b), Tax Code, to require that a protest on the ground of unequal appraisal of property be determined in favor of the protesting party unless the appraisal district establishes that the appraisal ratio of the property does not exceed by at least 10 percent, rather than is not greater than, certain median levels of appraisal. SECTION 2. Amends Sections 42.26(a) and (b), Tax Code, as follows: (a) Requires the district court to grant relief on the ground that a property is appraised unequally if the appraisal ratio of the property exceeds by at least 10 percent, the median level of appraisal of a reasonable number of comparable properties appropriately adjusted. Makes conforming changes. (b) Requires a court to order a property's appraised value changed to the value as calculated on the basis of the median level of appraisal according to Subsection (a) (3), if a property owner is entitled to relief under Subsection (a) (3). Requires the court to order the property's appraised value changed to the value calculated on the basis of the median level changed to the value calculated on the basis of the median level of appraisal that results in the lowest, rather than lower, appraised value, if a property owner is entitled to relief under more than one of those subsections, rather than both Subsection (a) (1) and Subsection (a) (2). Makes a nonsubstantive change. SECTION 3. Repealer: Section 42.26(d), Tax Code (Remedy for Unequal Appraisal). SECTION 4.Effective date: September 1, 1999. Makes application of this Act prospective. SECTION 5.Emergency clause.