LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 76th Regular Session
March 30, 1999
TO: Honorable Frank Madla, Chair, Senate Committee on
Intergovernmental Relations
FROM: John Keel, Director, Legislative Budget Board
IN RE: SB 1401 by Nixon, Drew (Relating to the determination of
an ad valorem tax protest based on inequality of
appraisal.), As Introduced
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* No significant fiscal implication to the State is anticipated. *
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The bill would amend Section 41.43 of the Tax Code to add a new
Subsection (d) concerning taxpayer remedies for unequal appraisal. The
bill would provide that a protest before an appraisal review board (ARB)
on the grounds of unequal appraisal of property would be determined in
favor of the protesting party unless the appraisal district established
that the appraised value of the property did not exceed the median
appraised value of a reasonable number of comparable properties
appropriately adjusted. No significant fiscal implication to the State
is anticipated.
Local Government Impact
No significant fiscal implication to units of local government is
anticipated.
Source Agencies:
LBB Staff: JK, TL, BR