SRC-PNG S.B. 1641 76(R)   BILL ANALYSIS


Senate Research Center   S.B. 1641
76R8918 GJH-FBy: Nixon
Intergovernmental Relations
3/30/1999
As Filed


DIGEST 

Currently, under Texas law, a property owner may be precluded from arguing
to the appraisal review board that the chief appraiser used the wrong
method of appraisal, because the statute currently allows the chief
appraiser to use the method the chief appraiser considers the most
appropriate method.  Also, if the market value method is used, under
current law, the chief appraiser shall use comparable sales data if
possible, even though comparable sales data is required when using the
market data comparison method of appraisal.  This bill would revise
regulations governing certain methods of appraising property for ad valorem
purposes. 

PURPOSE

As proposed, S.B. 1641 revises regulations governing certain methods of
appraising property for ad valorem purposes. 

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 23.0101, Tax Code, to require a chief appraiser
to use the most appropriate method of appraisal when determining the market
value of property, rather than the method the appraiser considers most
appropriate. 

SECTION 2. Amends Section 23.013, Tax Code, to delete text requiring the
chief appraiser to use comparable sales data if possible, if the chief
appraiser uses the market value method of appraisal. 

SECTION 3. Effective date: January 1, 2000.
  Makes application of this Act prospective.

SECTION 4. Emergency clause.