Bill Text: TX SB2061 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to the correction of an ad valorem tax appraisal roll.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2017-04-10 - Left pending in committee [SB2061 Detail]
Download: Texas-2017-SB2061-Introduced.html
85R6658 CJC-F | ||
By: Kolkhorst | S.B. No. 2061 |
|
||
|
||
relating to the correction of an ad valorem tax appraisal roll. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 25.25(d), Tax Code, is amended to read as | ||
follows: | ||
(d) At any time prior to the date the taxes become | ||
delinquent, a property owner or the chief appraiser may file a | ||
motion with the appraisal review board to change the appraisal roll | ||
to correct an error that resulted in an incorrect appraised value | ||
for the owner's property. However, the error may not be corrected | ||
unless it resulted in an appraised value that exceeds the market | ||
value of the property or the median appraised value of a reasonable | ||
number of comparable properties appropriately adjusted [ |
||
|
||
is changed under this subsection, the property owner must pay to | ||
each affected taxing unit a late-correction penalty equal to 10 | ||
percent of the amount of taxes as calculated on the basis of the | ||
corrected appraised value. Payment of the late-correction penalty | ||
is secured by the lien that attaches to the property under Section | ||
32.01 and is subject to enforced collection under Chapter 33. The | ||
roll may not be changed under this subsection if: | ||
(1) the property was the subject of a protest brought | ||
by the property owner under Chapter 41, a hearing on the protest was | ||
conducted in which the property owner offered evidence or argument, | ||
and the appraisal review board made a determination of the protest | ||
on the merits; or | ||
(2) the appraised value of the property was | ||
established as a result of a written agreement between the property | ||
owner or the owner's agent and the appraisal district. | ||
SECTION 2. The change in law made by this Act applies 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 September 1, 2017. |