Texas SB1051 amends the Tax Code to modify the calculation of ad valorem tax rates for taxing units when property owners intend to appeal appraisal.

Texas SB1051 amends the Tax Code to change how certain ad valorem tax rates are calculated when a property owner intends to appeal an appraisal review board's order. The bill requires property owners involved in anticipated substantial litigation to submit specific information to designated officers or employees. This includes the total uncontested taxable value of all property in the taxing unit that may be subject to an appeal. The bill also mandates that the chief appraiser notify certain property owners by July 1 regarding their obligations.

Texas SB1051 amends the Tax Code to modify the calculation of ad valorem tax rates for taxing units when property owners intend to appeal appraisal.

Texas SB1051 amends the Tax Code to change how certain ad valorem tax rates are calculated when a property owner intends to appeal an appraisal review board's order. The bill requires property owners involved in anticipated substantial litigation to submit specific information to designated officers or employees. This includes the total uncontested taxable value of all property in the taxing unit that may be subject to an appeal. The bill also mandates that the chief appraiser notify certain property owners by July 1 regarding their obligations.