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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of a lessee of property to appeal certain |
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ad valorem tax determinations through binding arbitration. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Chapter 41A, Tax Code, is amended by adding |
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Section 41A.011 to read as follows: |
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Sec. 41A.011. RIGHT TO APPEAL BY PERSON LEASING PROPERTY. |
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(a) As an alternative to filing an appeal under Section 42.015, a |
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person leasing property who is contractually obligated to reimburse |
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the property owner for taxes imposed on the property is entitled to |
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appeal through binding arbitration under this chapter an appraisal |
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review board order determining a protest concerning the appraised |
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or market value of property if: |
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(1) the protest was brought by: |
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(A) the person under Section 41.413; or |
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(B) the property owner if the property owner does |
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not appeal the order; and |
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(2) the appraised or market value, as applicable, of |
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the property as determined by the order is $5 million or less. |
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(b) A person appealing an order of the appraisal review |
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board under this section is considered the owner of the property for |
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purposes of the appeal. The chief appraiser shall deliver a copy of |
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any notice relating to the appeal to the owner of the property and |
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to the person bringing the appeal. |
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SECTION 2. This Act takes effect September 1, 2023. |