1-1     By:  Jackson                                          S.B. No. 1816
 1-2           (In the Senate - Filed April 19, 2001; April 20, 2001, read
 1-3     first time and referred to Committee on Intergovernmental
 1-4     Relations; May 2, 2001, reported favorably by the following vote:
 1-5     Yeas 6, Nays 0; May 2, 2001, sent to printer.)
 1-6                            A BILL TO BE ENTITLED
 1-7                                   AN ACT
 1-8     relating to the certification by a chief appraiser of certain
 1-9     taxable properties not included in the initial appraisal roll for a
1-10     taxing unit.
1-12           SECTION 1.  Section 26.01, Tax Code, is amended by amending
1-13     Subsection (d) and adding Subsection (e) to read as follows:
1-14           (d)  The chief appraiser shall prepare and certify to the
1-15     assessor for each taxing unit a list of those properties of which
1-16     the chief appraiser has knowledge that are reasonably likely to be
1-17     taxable by that unit but that are not included on the appraisal
1-18     roll certified to the assessor under Subsection (a) or included on
1-19     the listing certified to the assessor under Subsection (c).  The
1-20     chief appraiser shall include on the list for each property the
1-21     market value, appraised value, and taxable value as determined by
1-22     the appraisal district for the preceding year and a reasonable
1-23     estimate of the market value, appraised value, and taxable value
1-24     for the current year.  Until the property is added to the appraisal
1-25     roll, the assessor for the taxing unit shall include each property
1-26     on the list in the calculations prescribed by Sections 26.04 and
1-27     26.041 and for that purpose shall use the lower market value,
1-28     appraised value, or taxable value, as appropriate, included on the
1-29     list for the property.
1-30           (e)  By June 15, the chief appraiser shall prepare and
1-31     certify to the assessor for each school district participating in
1-32     the appraisal district an estimate of the taxable value of school
1-33     district property.  The chief appraiser shall assist each school
1-34     district in determining values of school district property for the
1-35     school district's budgetary purposes.
1-36           SECTION 2.  This Act takes effect January 1, 2002, and
1-37     applies only to an appraisal roll submitted to the assessor for a
1-38     taxing unit on or after that date.
1-39                                  * * * * *