TX HB2786

Requires appraisal districts subject to Section 6.0301 to conduct annual reappraisals of all real and personal property within their boundaries, rather than following the standard biennial reappraisal schedule

Mandates that chief appraisers use the most recent information obtained through reappraisal activities when performing annual reappraisals

Expands limitations on appraised value increases to include properties where values were lowered through written agreements between property owners and appraisal districts under Section 1.111(e), in addition to values lowered through the appeals process

Places burden of proof on chief appraisers to support any increase in appraised value with "clear and convincing evidence" when a property's value was previously lowered through appeal or settlement agreement

Takes effect January 1, 2026, and applies to property appraisals for tax years beginning on or after that date