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A BILL TO BE ENTITLED
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AN ACT
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relating to limiting the frequency of reappraisals of real property |
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for ad valorem tax purposes. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 25.18, Tax Code, is amended by adding |
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Subsections (b-1) and (b-2) to read as follows: |
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(b-1) The plan may not provide for reappraisal of a parcel |
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of real property more often than once in any three-year period. |
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Except as provided by Subsection (b-2), the appraisal office may |
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not reappraise a parcel of real property in the district more often |
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than once in any three-year period. |
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(b-2) Notwithstanding Subsection (b-1), the appraisal |
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office may reappraise a parcel of real property in the year |
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immediately following a year in which the parcel is sold. |
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SECTION 2. As soon as practicable after the effective date |
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of this Act but not later than December 31, 2009, each appraisal |
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office that has implemented a plan for periodic reappraisals of |
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real property in the district shall amend that plan if necessary to |
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conform to the change in law made by this Act. For purposes of |
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complying with Section 25.18(b-1), Tax Code, as added by this Act, |
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the plan must provide that real property is not reappraised more |
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often than once in the three-year period that includes the 2009, |
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2010, and 2011 tax years. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2009. |