By King of Uvalde H.B. No. 3052
Line and page numbers may not match official copy.
Bill not drafted by TLC or Senate E&E.
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to appraisal methods for ad valorem taxation.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 23.0101, Tax Code, is amended to read as
1-5 follows:
1-6 Sec. 23.0101. CONSIDERATION OF ALTERNATIVE APPRAISAL
1-7 METHODS. In determining the market value of property, the chief
1-8 appraiser shall consider the cost, income, and market data
1-9 comparison methods of appraisal and use the [method the chief
1-10 appraiser considers] most appropriate method.
1-11 SECTION 2. Section 23.013, Tax Code, is amended to read as
1-12 follows:
1-13 Sec. 23.013. MARKET DATA COMPARISON METHOD OF APPRAISAL. If
1-14 the chief appraiser uses the market data comparison method of
1-15 appraisal to determine the market value of real property, the chief
1-16 appraiser shall use comparable sales data [if possible] and shall
1-17 adjust the comparable sales to the subject property.
1-18 SECTION 3. The importance of this legislation and the
1-19 crowded condition of the calendars in both houses create an
1-20 emergency and an imperative public necessity that the
1-21 constitutional rule requiring bills to be read on three several
2-1 days in each house be suspended, and this rule is hereby suspended,
2-2 and that this Act take effect and be in force from and after its
2-3 passage, and it is so enacted.