Bill Text: TX SB731 | 2017-2018 | 85th Legislature | Enrolled
Bill Title: Relating to the appeal through binding arbitration of certain appraisal review board orders.
Sponsorship: Partisan Bill (Republican 2)
Status: (Passed) 2017-06-09 - Effective on 9/1/17 [SB731 Detail]
Download: Texas-2017-SB731-Enrolled.html
| S.B. No. 731 | ||
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| relating to the appeal through binding arbitration of certain | ||
| appraisal review board orders. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 41A.01, Tax Code, is amended to read as | ||
| follows: | ||
| Sec. 41A.01. RIGHT OF APPEAL BY PROPERTY OWNER. As an | ||
| alternative to filing an appeal under Section 42.01, a property | ||
| owner is entitled to appeal through binding arbitration under this | ||
| chapter an appraisal review board order determining a protest filed | ||
| under Section 41.41(a)(1) or (2) concerning the appraised or market | ||
| value of property if: | ||
| (1) the property qualifies as the owner's residence | ||
| homestead under Section 11.13; or | ||
| (2) the appraised or market value, as applicable, of | ||
| the property as determined by the order is $5 [ |
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| SECTION 2. Section 41A.03(a), Tax Code, is amended to read | ||
| as follows: | ||
| (a) To appeal an appraisal review board order under this | ||
| chapter, a property owner must file with the appraisal district not | ||
| later than the 45th day after the date the property owner receives | ||
| notice of the order: | ||
| (1) a completed request for binding arbitration under | ||
| this chapter in the form prescribed by Section 41A.04; and | ||
| (2) an arbitration deposit made payable to the | ||
| comptroller in the amount of: | ||
| (A) $450, if the property qualifies as the | ||
| owner's residence homestead under Section 11.13 and the appraised | ||
| or market value, as applicable, of the property is $500,000 or less, | ||
| as determined by the order; | ||
| (B) $500, if the property qualifies as the | ||
| owner's residence homestead under Section 11.13 and the appraised | ||
| or market value, as applicable, of the property is more than | ||
| $500,000, as determined by the order; | ||
| (C) $500, if the property does not qualify as the | ||
| owner's residence homestead under Section 11.13 and the appraised | ||
| or market value, as applicable, of the property is $1 million or | ||
| less, as determined by the order; | ||
| (D) $800, if the property does not qualify as the | ||
| owner's residence homestead under Section 11.13 and the appraised | ||
| or market value, as applicable, of the property is more than $1 | ||
| million but not more than $2 million, as determined by the order; | ||
| [ |
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| (E) $1,050, if the property does not qualify as | ||
| the owner's residence homestead under Section 11.13 and the | ||
| appraised or market value, as applicable, of the property is more | ||
| than $2 million but not more than $3 million, as determined by the | ||
| order; or | ||
| (F) $1,550, if the property does not qualify as | ||
| the owner's residence homestead under Section 11.13 and the | ||
| appraised or market value, as applicable, of the property is more | ||
| than $3 million but not more than $5 million, as determined by the | ||
| order. | ||
| SECTION 3. Section 41A.06(b), Tax Code, is amended to read | ||
| as follows: | ||
| (b) To initially qualify to serve as an arbitrator under | ||
| this chapter, a person must: | ||
| (1) meet the following requirements, as applicable: | ||
| (A) be licensed as an attorney in this state; or | ||
| (B) have: | ||
| (i) completed at least 30 hours of training | ||
| in arbitration and alternative dispute resolution procedures from a | ||
| university, college, or legal or real estate trade association; and | ||
| (ii) been licensed or certified | ||
| continuously during the five years preceding the date the person | ||
| agrees to serve as an arbitrator as: | ||
| (a) a real estate broker or sales | ||
| agent [ |
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| (b) a real estate appraiser under | ||
| Chapter 1103, Occupations Code; or | ||
| (c) a certified public accountant | ||
| under Chapter 901, Occupations Code; and | ||
| (2) agree to conduct an arbitration for a fee that is | ||
| not more than: | ||
| (A) $400, if the property qualifies as the | ||
| owner's residence homestead under Section 11.13 and the appraised | ||
| or market value, as applicable, of the property is $500,000 or less, | ||
| as determined by the order; | ||
| (B) $450, if the property qualifies as the | ||
| owner's residence homestead under Section 11.13 and the appraised | ||
| or market value, as applicable, of the property is more than | ||
| $500,000, as determined by the order; | ||
| (C) $450, if the property does not qualify as the | ||
| owner's residence homestead under Section 11.13 and the appraised | ||
| or market value, as applicable, of the property is $1 million or | ||
| less, as determined by the order; | ||
| (D) $750, if the property does not qualify as the | ||
| owner's residence homestead under Section 11.13 and the appraised | ||
| or market value, as applicable, of the property is more than $1 | ||
| million but not more than $2 million, as determined by the order; | ||
| [ |
||
| (E) $1,000, if the property does not qualify as | ||
| the owner's residence homestead under Section 11.13 and the | ||
| appraised or market value, as applicable, of the property is more | ||
| than $2 million but not more than $3 million, as determined by the | ||
| order; or | ||
| (F) $1,500, if the property does not qualify as | ||
| the owner's residence homestead under Section 11.13 and the | ||
| appraised or market value, as applicable, of the property is more | ||
| than $3 million but not more than $5 million, as determined by the | ||
| order. | ||
| SECTION 4. The changes in law made by this Act apply only to | ||
| a request for binding arbitration under Chapter 41A, Tax Code, that | ||
| is filed on or after the effective date of this Act. A request for | ||
| binding arbitration under Chapter 41A, Tax Code, that is filed | ||
| before the effective date of this Act is governed by the law in | ||
| effect on the date the request is filed, and the former law is | ||
| continued in effect for that purpose. | ||
| SECTION 5. This Act takes effect September 1, 2017. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I hereby certify that S.B. No. 731 passed the Senate on | ||
| March 22, 2017, by the following vote: Yeas 29, Nays 0. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| I hereby certify that S.B. No. 731 passed the House on | ||
| May 24, 2017, by the following vote: Yeas 146, Nays 0, two | ||
| present not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| Approved: | ||
| ______________________________ | ||
| Date | ||
| ______________________________ | ||
| Governor | ||
