79R7900 MFC-F
By: Phillips H.B. No. 2624
A BILL TO BE ENTITLED
AN ACT
relating to disclosure by an appraisal district to a property owner
of information regarding the appraisal of the person's property,
including comparable sales information.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 25.195, Tax Code, is amended by adding
Subsection (f) to read as follows:
(f) On request of a property owner or the owner's designated
agent to inspect and copy appraisal records under Subsection (a) or
on request of the owner or agent made at any time to obtain
information relating to sales of property similar to the property
owner's property that were used in the appraisal of the property
owner's property, the chief appraiser shall provide the owner with
information relating to not fewer than three sales of similar
property used in the appraisal of the property of the owner. If
fewer than three sales of similar property were used in the
appraisal of the property or the appraisal was made without using
information relating to sales of similar property, the chief
appraiser shall provide the owner or agent with a statement to that
effect and include information relating to each sale of similar
property that was used in the appraisal and, if applicable, an
explanation of the method other than the comparable sales method
used to appraise the property. If the owner or agent requests the
information in preparation for an appraisal review board hearing
under Chapter 41, the chief appraiser shall provide the owner or
agent with the information not later than the seventh day before the
date scheduled for the hearing. For purposes of this section, the
information provided to a property owner or the property owner's
designated agent relating to a sale of property must include at
least a general description of the property, its location, and the
sales price or other consideration for the sale.
SECTION 2. This Act takes effect September 1, 2005.