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TX HB3094
Bill
Status
2/20/2025
Primary Sponsor
Denise Villalobos
Click for details
AI Summary
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Allows taxing units to exclude "contested taxable value" from their current total value when calculating no-new-revenue and voter-approval tax rates, specifically for properties involved in anticipated substantial litigation where owners intend to appeal appraisal review board decisions
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Defines "anticipated substantial litigation" as appeals filed or intended to be filed by property owners whose properties had taxable values among the 20 highest in the appraisal district in the preceding tax year
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Requires chief appraisers to notify by July 1 each year both the owners of the 20 highest-value properties that they may need to comply with the law's requirements, and each taxing unit of which owners own property in their jurisdiction
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Mandates that property owners intending to file qualifying appeals submit to each affected taxing unit the uncontested taxable value amount and a written statement of intent to pay taxes on that uncontested amount by August 7 or within 21 days of their first protest hearing
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Applies to ad valorem tax years beginning January 1, 2025 if passed with two-thirds vote for immediate effect, otherwise January 1, 2026
Legislative Description
Relating to the calculation of certain ad valorem tax rates of a taxing unit for a year in which a property owner provides notice that the owner intends to appeal an order of an appraisal review board determining a protest by the owner regarding the appraisal of the owner's property.
Taxation
Last Action
Referred to Ways & Means
3/20/2025