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