By Ritter                                             H.B. No. 2412
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to ad valorem taxation.
 1-3           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-4           SECTION 1.  Section 5.101(b), Tax Code, is amended to read as
 1-5     follows:
 1-6           (b)  The committee shall:
 1-7                 (1)  review the methodology used by the comptroller to
 1-8     conduct the studies described in Subsection (a) [of this section];
 1-9                 (2)  make an annual report to the comptroller that
1-10     includes the committee's findings and recommendations relating to
1-11     the methodology used to conduct the studies; and
1-12                 (3)  meet as often as necessary to perform its duties[,
1-13     but not less often than semi-annually].
1-14           SECTION 2.  Subchapter B, Chapter 24, Tax Code, is amended by
1-15     adding Section 24.365 to read as follows:
1-16           Sec. 24.365. CORRECTION OF CERTIFIED AMOUNT.  (a)  A chief
1-17     appraiser who discovers that the chief appraiser's certification to
1-18     the comptroller of the amount of the market value of rolling stock
1-19     allocated to this state under Section 24.36 was incomplete or
1-20     incorrect shall immediately certify the correct amount of that
1-21     market value to the comptroller.
1-22           (b)  As soon as practicable after the comptroller receives
1-23     the correct certification from the chief appraiser, the comptroller
1-24     shall certify to the county assessor-collector for each affected
 2-1     county the information required by Section 24.38 as corrected.
 2-2           SECTION 3.  Section 25.195, Tax Code, is amended by amending
 2-3     Subsection (a)  and adding Subsections (c), (d), and (e) to read as
 2-4     follows:
 2-5           (a)  After the chief appraiser has submitted the appraisal
 2-6     records to the appraisal review board as provided by Section
 2-7     25.22(a), a property owner or the owner's designated agent is
 2-8     entitled to [may] inspect and copy the appraisal records relating
 2-9     to property of the property owner, together with supporting data,
2-10     schedules, and, except as provided by  Subsection (b), any other
2-11     material or information held by the chief appraiser or required by
2-12     Section 25.01(c) to be provided to the appraisal district under a
2-13     contract for appraisal services, including material or information
2-14     obtained under Section 22.27, that is obtained or used in making
2-15     appraisals for the appraisal records relating to that property.
2-16           (c)  A property owner or the designated agent of an owner
2-17     whose property is appraised by a private appraisal firm under a
2-18     contract for appraisal services with an appraisal district is
2-19     entitled to inspect and copy, at the office of that firm, all
2-20     information pertaining to the property that the firm considered in
2-21     appraising the property, including information showing each method
2-22     of appraisal used to determine the value of the property and all
2-23     calculations, personal notes, correspondence, and working papers
2-24     used in appraising the property.  This subsection does not apply to
2-25     information made confidential by Section 22.27, except that the
2-26     property owner or agent is entitled to inspect and copy any
2-27     information relating to the owner's property, including otherwise
 3-1     confidential information.
 3-2           (d)  The appraisal firm shall make information covered by
 3-3     Subsection (c) available for inspection and copying by the owner or
 3-4     agent not later than the 15th day after the date the owner or agent
 3-5     delivers a written request to inspect the information, unless the
 3-6     owner or agent agrees in writing to a later date.
 3-7           (e)  If an  owner or agent states under oath in a document
 3-8     filed with an appraisal review board in connection with a
 3-9     proceeding initiated under Section 25.25 or Chapter 41 that the
3-10     applicable appraisal firm has not complied with a request for
3-11     inspection or copying under Subsection (c) related to the property
3-12     that is the subject of the proceeding, the board may not conduct a
3-13     hearing on the merits of any claim relating to that property and
3-14     may not approve the appraisal records relating to that property
3-15     until the board determines in a hearing that:
3-16                 (1)  the appraisal firm has made the information
3-17     available for inspection and copying as required by Subsection (c);
3-18     or
3-19                 (2)  the owner or agent has withdrawn the motion or
3-20     protest that initiated the proceeding.
3-21           SECTION 4.  Section 312.005(a), Tax Code, is amended to read
3-22     as follows:
3-23           (a)  The comptroller shall maintain a central registry of
3-24     reinvestment zones designated under this chapter and of ad valorem
3-25     tax abatement agreements executed under this chapter.  The chief
3-26     appraiser of each appraisal district that appraises property for a
3-27     [Each] taxing unit that has designated [designates] a reinvestment
 4-1     zone or executed [executes] a tax abatement agreement under this
 4-2     chapter shall deliver to the comptroller before July [April] 1 of
 4-3     the year following the year in which the zone is designated or the
 4-4     agreement is executed a report providing the following information:
 4-5                 (1)  for a reinvestment zone, a general description of
 4-6     the zone, including its size, the types of property located in it,
 4-7     its duration, and the guidelines and criteria established for the
 4-8     reinvestment zone under Section 312.002, including subsequent
 4-9     amendments and modifications of the guidelines or criteria;
4-10                 (2)  a copy of each tax abatement agreement to which a
4-11     [the] taxing unit that participates in the appraisal district is a
4-12     party; and
4-13                 (3)  any other information required by the comptroller
4-14     to administer this section and Subchapter F, Chapter 111.
4-15           SECTION 5.  This Act takes effect September 1, 2001.