Texas HB4864 amends eligibility criteria for arbitrators in property tax appeals.

Texas HB4864 modifies the qualifications for individuals serving as arbitrators in binding arbitrations of property tax appeals. To qualify, a person must either be licensed as an attorney in Texas or have completed 30 hours of arbitration training and been licensed or certified in specific fields for five years. Additionally, they must complete appraisal review board member courses and a property tax law training program for arbitrators. The bill also sets maximum fees for arbitration based on property value and homestead status.

Texas HB4864 amends eligibility criteria for arbitrators in property tax appeals.

Texas HB4864 modifies the qualifications for individuals serving as arbitrators in binding arbitrations of property tax appeals. To qualify, a person must either be licensed as an attorney in Texas or have completed 30 hours of arbitration training and been licensed or certified in specific fields for five years. Additionally, they must complete appraisal review board member courses and a property tax law training program for arbitrators. The bill also sets maximum fees for arbitration based on property value and homestead status.