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TX SB2073
Bill
Status
6/20/2025
Primary Sponsor
Judith Zaffirini
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AI Summary
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Appraisal district boards of directors may now finance the purchase of real property and finance the construction of improvements for appraisal offices, in addition to existing authority to purchase, lease, or construct
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Financing decisions for property acquisitions or construction/renovation do not require approval from taxing units, even though the underlying acquisition or construction still requires three-fourths approval from taxing unit governing bodies
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Changes the default outcome when taxing units fail to respond to property transaction proposals within 30 days: inaction is now treated as approval rather than disapproval
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Applies only to property transactions where chief appraiser notification is sent on or after September 1, 2025; transactions with earlier notifications remain under former law
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Passed the Senate 26-5 on April 24, 2025, and the House 93-49 on May 28, 2025
Legislative Description
Relating to the authority of an appraisal district to purchase, finance the purchase of, or lease real property or construct or finance the construction of improvements to real property.
Property Interests
Last Action
Effective on 9/1/25
6/20/2025