HBA-GUM S.B. 1641 76(R)    BILL ANALYSIS


Office of House Bill AnalysisS.B. 1641
By: Nixon, Drew
Ways & Means
4/27/1999
Engrossed



BACKGROUND AND PURPOSE 

Currently, a property owner may be precluded from arguing to the appraisal
review board that the chief appraiser used the wrong method of appraisal,
because the statute currently allows the chief appraiser to use the method
the chief appraiser considers the most appropriate method. Also, current
law requires the chief appraiser,  if using the market value method, to use
comparable sales data if possible, even though comparable sales data is
required when using the market data comparison method of appraisal.  S.B.
1641 revises regulations governing certain methods of appraising property
for ad valorem purposes. 

RULEMAKING AUTHORITY

It is the opinion of the Office of House Bill Analysis that this bill does
not expressly delegate any additional rulemaking authority to a state
officer, department, agency, or institution. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 23.0101, Tax Code, to require a chief appraiser
to use the most appropriate method of appraisal when determining the market
value of property, rather than the method the appraiser considers most
appropriate.  

SECTION 2. Amends Section 23.013, Tax Code, to delete the qualifying term
"if possible" from the requirement that the chief appraiser use comparable
sale data when using the market value of appraisal.  

SECTION 3. Effective date: January 1, 2000. 
Makes application of this Act prospective.

SECTION 4. Emergency clause.