77R8848 JD-F                           
         By Ritter                                             H.B. No. 2412
         Substitute the following for H.B. No. 2412:
         By Oliveira                                       C.S.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 the firm considered in appraising the property,
2-21     including information regarding the method used to determine the
2-22     value of the property, all calculations and personal notes,
2-23     correspondence, working papers, and records of any thought
2-24     processes used in appraising the property.
2-25           (d)  The appraisal entity shall make information described by
2-26     Subsection (c) available for inspection and copying by the owner or
2-27     agent not later than the 15th day after the date the owner or agent
 3-1     delivers a written request to inspect the information, unless the
 3-2     owner or agent agrees in writing to a later date.
 3-3           (e)  If an  owner or agent states under oath in a document
 3-4     filed with an appraisal review board in connection with a
 3-5     proceeding initiated under Section 25.25 or Chapter 41 that the
 3-6     applicable appraisal entity has not complied with a request for
 3-7     inspection under Subsection (c) related to the property that is the
 3-8     subject of the proceeding, the board may not conduct a hearing on
 3-9     the merits of any claim relating to that property and may not
3-10     approve the appraisal records relating to that property until the
3-11     board determines in a hearing that:
3-12                 (1)  the appraisal entity has made the information
3-13     available for inspection and copying as required by Subsection (c);
3-14     or
3-15                 (2)  the owner or agent has withdrawn the motion or
3-16     protest that initiated the proceeding.
3-17           SECTION 4.  Section 312.005(a), Tax Code, is amended to read
3-18     as follows:
3-19           (a)  The comptroller shall maintain a central registry of
3-20     reinvestment zones designated under this chapter and of ad valorem
3-21     tax abatement agreements executed under this chapter.  The chief
3-22     appraiser of each appraisal district that appraises property for a
3-23     [Each] taxing unit that has designated [designates] a reinvestment
3-24     zone or executed [executes] a tax abatement agreement under this
3-25     chapter shall deliver to the comptroller before July [April] 1 of
3-26     the year following the year in which the zone is designated or the
3-27     agreement is executed a report providing the following information:
 4-1                 (1)  for a reinvestment zone, a general description of
 4-2     the zone, including its size, the types of property located in it,
 4-3     its duration, and the guidelines and criteria established for the
 4-4     reinvestment zone under Section 312.002, including subsequent
 4-5     amendments and modifications of the guidelines or criteria;
 4-6                 (2)  a copy of each tax abatement agreement to which a
 4-7     [the] taxing unit that participates in the appraisal district is a
 4-8     party; and
 4-9                 (3)  any other information required by the comptroller
4-10     to administer this section and Subchapter F, Chapter 111.
4-11           SECTION 5.  This Act takes effect September 1, 2001.