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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of an appraisal district to implement a |
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schedule for the periodic reappraisal of property within an |
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appraisal district. |
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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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Subsection (b-1) to read as follows: |
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(b-1) The plan may provide for the reappraisal of a |
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different group of property in the district in each year of a |
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three-year period, subject to the requirement of Subsection (b) |
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that the reappraisal activities for real and personal property in |
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the district prescribed by that subsection occur at least once |
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every three years. |
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SECTION 2. 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, 2023. |