SRC-JLB H.B. 2844 78(R)   BILL ANALYSIS


Senate Research Center   H.B. 2844
78R6676 SMH-DBy: Casteel (Wentworth)
Intergovernmental Relations
5/21/2003
Engrossed


This analysis utilizes the House Committee Report, which is the most
recent version available to the Senate Research Center, and is not
formatted to the style of the Senate Research Center.  There were no
amendments to H.B. 2844 on the House floor. 

DIGEST AND PURPOSE 

Currently, licensed real estate brokers, salespersons, and appraisers are
only allowed to perform property tax consulting services connected with
single-family residences.  This limitation poses a problem at times when a
real estate broker handles the sale of a farm or ranch to a client but may
not provide the property tax consulting on the same property. 

H.B. 2844 allows a real estate broker, salesperson, and appraiser to
perform property tax consulting services for farms and ranches in addition
to single family residences. 

RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any
additional rulemaking authority to a state officer, department, agency, or
institution.  

ANALYSIS

Amends Section 1152.002(a)(8), Occupations Code by adding farms and
ranches to the existing list of property tax consulting services a
licensed real estate broker, salesperson or appraiser may perform in
addition to single family residences. 

EFFECTIVE DATE

Upon passage, or, if the Act does not receive the necessary vote, the Act
takes effect September 1, 2003.