bill letting owners supply their own property appraisal

The text as introduced · 451 words

89R266 DRS-D

By: Landgraf
H.B. No. 1766

A BILL TO BE ENTITLED

AN ACT

relating to a requirement that an appraisal district rely on an

appraisal of real property prepared by an appraiser and submitted

to the district by the property owner when determining the value of

the property.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Subchapter A, Chapter 23, Tax Code, is amended by

adding Section 23.02 to read as follows:

Sec. 23.02. DETERMINATION OF VALUE BASED ON APPRAISAL

PROVIDED BY PROPERTY OWNER. (a) Notwithstanding any other

provision of this chapter and subject to Subsections (b) and (c), if

the owner of a parcel of real property provides to an appraisal

district a copy of an appraisal of the property, the chief appraiser

for the appraisal district shall determine the property's appraised

or market value for the current tax year to be the value determined

by the appraisal of the property provided by the property owner.

(b) A property owner who intends to provide an appraisal

under this section must:

(1) file with the appraisal district written notice of

the property owner's intent to provide an appraisal to the district

not later than November 30 of the tax year preceding the year for

which the property owner intends to provide the appraisal; and

(2) provide the appraisal to the district not later

than April 1 of the tax year for which the appraisal was performed.

(c) To be valid, an appraisal provided under Subsection (a)

must be:

(1) performed not later than March 1 of the current tax

year and not earlier than December 1 of the preceding tax year;

(2) performed by an appraiser licensed or certified

under Chapter 1103, Occupations Code, to appraise the type of real

property for which the appraisal is provided; and

(3) attested to before an officer authorized to

administer oaths and include:

(A) the name and business address of the licensed

or certified appraiser;

(B) a description of the property that was the

subject of the appraisal;

(C) a statement that the appraised or market

value of the property:

(i) was, as applicable, the appraised or

market value of the property as of January 1 of the current tax

year; and

(ii) was determined using a method of

appraisal authorized or required by this chapter; and

(D) a statement that the appraisal was performed

in accordance with the Uniform Standards of Professional Appraisal

Practice.

SECTION 2. Section 23.02, Tax Code, as added by this Act,

applies only to an appraisal of real property for a tax year that

begins on or after the effective date of this Act.

SECTION 3. This Act takes effect September 1, 2025.