Property Tax Appraisal Reform Act

Model Bill Info
Bill Title	Property Tax Appraisal Reform Act
Date Introduced	June 16, 2020
Date Finalized	August 9, 2020
Type	Model Policy
Status	Final
Task Forces	Tax and Fiscal Policy

Property Tax Appraisal Reform Act

SECTION 1

Amends [INSERT STATE] Tax Code, as follows:

If the appraised value of property in a tax year is lowered upon taxpayer appeal, the appraised value of the property as finally determined under that determination is considered to be the appraised value of the property for that tax year. In the following tax year, the chief appraiser may not increase the appraised value of the property unless the increase by the chief appraiser is reasonably supported by clear and convincing [substantial] evidence when all of the reliable and probative evidence in the record is considered as a whole. If the appraised value is finally determined in a protest under [INSERT SECTION] or an appeal under [INSERT SECTION], the chief appraiser may satisfy the requirement to reasonably support by clear and convincing [substantial] evidence an increase in the appraised value of the property in the following tax year by presenting evidence showing that the inequality in the appraisal of property has been corrected with regard to the properties that were considered in determining the value of the subject property. The burden of proof is on the chief appraiser to support an increase in the appraised value of property under the circumstances described by this ACT.

SECTION 2. This Act applies only to the appraisal of property for a tax year beginning on or after the effective date of this Act.

SECTION 3: Effective Date