|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to the determination of the appraised value of property |
|
for purposes of an ad valorem tax protest or appeal. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 23.01, Tax Code, is amended by adding |
|
Subsections (f) and (g) to read as follows: |
|
(f) The selection of comparable properties and the |
|
application of appropriate adjustments for the determination of an |
|
appraised value of property by any person under Section 41.43(b)(3) |
|
or 42.26(a)(3) must be based on the application of generally |
|
accepted appraisal methods and techniques. Adjustments must be |
|
based on recognized methods and techniques that are necessary to |
|
produce a credible opinion. |
|
(g) Notwithstanding any other provision of this section, |
|
property owners representing themselves are entitled to offer an |
|
opinion of and present argument and evidence related to the market |
|
and appraised value or the inequality of appraisal of the owner's |
|
property. |
|
|
|
SECTION 2. This Act takes effect January 1, 2016. |