Bill Text: TX SB2526 | 2023-2024 | 88th Legislature | Engrossed
Bill Title: Relating to the appraisal for ad valorem tax purposes of real property used as a municipal solid waste facility or the buffer zone of such a facility.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2023-05-15 - Referred to Ways & Means [SB2526 Detail]
Download: Texas-2023-SB2526-Engrossed.html
By: Campbell | S.B. No. 2526 |
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relating to the appraisal for ad valorem tax purposes of real | ||
property used as a municipal solid waste facility or the buffer zone | ||
of such a facility. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter B, Chapter 23, Tax Code, is amended by | ||
adding Section 23.27 to read as follows: | ||
Sec. 23.27. MUNICIPAL SOLID WASTE FACILITY PROPERTY. (a) | ||
In this section: | ||
(1) "Buffer zone" means a zone free of municipal solid | ||
waste processing and disposal activities within and adjacent to the | ||
boundary of a municipal solid waste facility on property owned or | ||
controlled by the owner or operator of the facility. | ||
(2) "Municipal solid waste facility" means all | ||
contiguous land, structures, other appurtenances, and improvements | ||
on the land used for processing, storing, or disposing of solid | ||
waste. A facility may be publicly or privately owned and may | ||
consist of several processing, storage, or disposal operational | ||
units, including one or more landfills, surface impoundments, or | ||
combinations of landfills and surface impoundments. | ||
(b) The chief appraiser shall use the market data comparison | ||
method of appraisal to determine the market value of real property | ||
that is: | ||
(1) being used as a municipal solid waste facility or | ||
the buffer zone of such a facility; or | ||
(2) surrounded by the buffer zone of a municipal solid | ||
waste facility. | ||
(c) In determining the market value of property described by | ||
Subsection (b), the chief appraiser shall take into account the | ||
dollar amount of the most recent closure cost estimate for the | ||
municipal solid waste facility prepared by the owner or operator of | ||
the facility pursuant to rules adopted and procedures developed by | ||
the Texas Commission on Environmental Quality. | ||
(d) For purposes of this section, the chief appraiser may | ||
require a property owner to submit to the chief appraiser a copy of | ||
the most recent closure cost estimate for the municipal solid waste | ||
facility for which the property is being used. | ||
SECTION 2. This Act applies only to an ad valorem tax year | ||
that begins on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect January 1, 2024. |