Bill Text: TX SB2526 | 2023-2024 | 88th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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-Introduced.html
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-Introduced.html
By: Campbell | S.B. No. 2526 | |
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relating to the appraisal and ad valorem taxation of Type 1 | ||
Municipal Solid Waste Landfills | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1: Chapter 23, Tax Code is amended by adding Section | ||
23.27 to read as follows: | ||
In appraising real property comprising a regulatory "Buffer | ||
zone", "Facility" area, or real property surrounded by a regulatory | ||
"Buffer zone", as those terms are used in Title 30, Section 330.3 of | ||
the Texas Administrative Code, the chief appraiser shall use the | ||
market data comparison method as described by Section 23.013 using | ||
comparable sales data of unimproved land divided by 12. | ||
SECTION 2: This Act becomes effective on September 1, 2023. |