Bill Text: TX HB484 | 2019-2020 | 86th Legislature | Introduced

Texas House Bill 484 (Prior Session Legislation)

Introduced

Bill Title: Relating to the authority of an appraisal review board to direct changes in the appraisal roll and related appraisal records if a residence homestead is sold for less than the appraised value.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2019-04-17 - Left pending in committee [HB484 Detail]

Download: Texas-2019-HB484-Introduced.html

	86R1832 CJC-F

	By: Phelan	H.B. No. 484



	A BILL TO BE ENTITLED
	AN ACT
	relating to the authority of an appraisal review board to direct
	changes in the appraisal roll and related appraisal records if a
	residence homestead is sold for less than the appraised value.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 25.25, Tax Code, is amended by adding
	Subsection (c-1) and amending Subsections (e), (l), and (m) to read
	as follows:
	(c-1) The appraisal review board, on motion of the chief
	appraiser or of a property owner, may direct by written order
	changes in the appraisal roll or related records as provided by this
	subsection. The board may order the appraised value of the owner's
	property in the current tax year and either of the two preceding tax
	years to be changed to the sales price of the property in the
	current tax year if, for each tax year for which the change is to be
	made:
	(1) the property qualifies as that owner's residence
	homestead;
	(2) the sales price of the property is at least 10
	percent less than the appraised value of the property; and
	(3) the board makes a finding that the sales price
	reflects the market value of the property.
	(e) If the chief appraiser and the property owner do not
	agree to the correction before the 15th day after the date the
	motion is filed, a party bringing a motion under Subsection (c),
	(c-1), or (d) is entitled on request to a hearing on and a
	determination of the motion by the appraisal review board. A party
	bringing a motion under this section must describe the error or
	errors or other matter that the motion is seeking to correct. Not
	later than 15 days before the date of the hearing, the board shall
	deliver written notice of the date, time, and place of the hearing
	to the chief appraiser, the property owner, and the presiding
	officer of the governing body of each taxing unit in which the
	property is located. The chief appraiser, the property owner, and
	each taxing unit are entitled to present evidence and argument at
	the hearing and to receive written notice of the board's
	determination of the motion. The property owner is entitled to
	elect to present the owner's evidence and argument before, after,
	or between the cases presented by the chief appraiser and each
	taxing unit. A property owner who files the motion must comply with
	the payment requirements of Section 25.26 or forfeit the right to a
	final determination of the motion.
	(l) A motion may be filed under Subsection (c) or (c-1)
	regardless of whether, for a tax year to which the motion relates,
	the owner of the property protested under Chapter 41 an action
	relating to the value of the property that is the subject of the
	motion.
	(m) The hearing on a motion under Subsection (c), (c-1), or
	(d) shall be conducted in the manner provided by Subchapter C,
	Chapter 41.
	SECTION 2. The changes in law made by this Act apply only to
	a motion to correct an appraisal roll filed on or after the
	effective date of this Act. A motion to correct an appraisal roll
	filed before the effective date of this Act is governed by the law
	in effect on the date the motion was filed, and the former law is
	continued in effect for that purpose.
	SECTION 3. This Act takes effect immediately if it receives
	a vote of two-thirds of all the members elected to each house, as
	provided by Section 39, Article III, Texas Constitution. If this
	Act does not receive the vote necessary for immediate effect, this
	Act takes effect September 1, 2019.