BILL ANALYSIS |
C.S.H.B. 2723 |
By: Otto |
Ways & Means |
Committee Report (Substituted) |
BACKGROUND AND PURPOSE
Recent legislation attempted to establish the standard of proof by which an appraisal district must establish the value of a property in an appraisal protest hearing. Interested parties contend that the standard of proof is too low and that the practical application of this standard has not achieved the desired goal of the legislation. C.S.H.B. 2723 seeks to change the standard of proof that an appraisal district must meet to establish the value of a property at a protest hearing.
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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.
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ANALYSIS
C.S.H.B. 2723 amends the Tax Code to place on an appraisal district the burden of establishing by clear and convincing evidence presented at a protest hearing before an appraisal review board the value of a property that is the subject of a protest regarding the determination of the appraised value of an owner's property or, if applicable, of a property's appraised or market value or regarding an unequal appraisal of the property under the following conditions: · the appraised value of the property was lowered in the preceding tax year as the result of a proceeding contesting the property's appraisal; · the appraised value of the property in the preceding tax year was not established as a result of a written agreement between the property owner or the owner's agent and the appraisal district; and · not later than the 14th day before the date of the first day of the hearing, the property owner files with the appraisal review board and delivers to the chief appraiser information, such as income and expense statements or information regarding comparable sales, that is sufficient to allow for a determination of the appraised or market value of the property, as applicable, or of whether the property was appraised unequally.
C.S.H.B. 2723 requires the value of a property to be determined in favor of the property owner if the appraisal district has the burden of meeting the standard of evidence under the bill's provisions and the appraisal district fails to meet that standard. The bill clarifies that its provisions relating to the filing of information with the appraisal board do not impose a duty on a property owner to provide any information in an appraisal protest authorized by the bill's provisions and are merely a condition to the applicability of the standard of evidence provided by the bill's provisions.
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EFFECTIVE DATE
September 1, 2013.
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COMPARISON OF ORIGINAL AND SUBSTITUTE
While C.S.H.B. 2723 may differ from the original in minor or nonsubstantive ways, the following comparison is organized and highlighted in a manner that indicates the substantial differences between the introduced and committee substitute versions of the bill.
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