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78R2491 RCJ-F

By:  West                                                         S.B. No. 291



A BILL TO BE ENTITLED

AN ACT

relating to remedies for unequal appraisal of property by an 
appraisal district.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 42.26(d), Tax Code, is amended to read as 
follows:       
	(d)  The district court shall grant relief on the ground that 
a property is appraised unequally if the appraised value of the 
property exceeds the median market [appraised] value of a 
reasonable number of comparable properties similarly situated to, 
or of the same general kind or character as, the property subject to 
the appeal, appropriately adjusted.  The comparable properties may 
include the property subject to the appeal.
	SECTION 2.  (a)  This Act takes effect September 1, 2003.                      
	(b)  The change in law made by this Act applies only to the 
review of an appraisal of property that was initiated by the filing 
of a petition for review with a district court on or after the 
effective date of this Act.  The review of an appraisal of property 
that was initiated by the filing of a petition for review with a 
district court before the effective date of this Act is governed by 
the law in effect on the date the petition for review was filed, and 
the former law is continued in effect for that purpose.