Texas SB2535 amends property appraisal rules for ad valorem taxes, including protest, arbitration, and appeal processes.

Texas SB2535 modifies the appraisal process for property taxes, stipulating that if the appraised value of property is lowered in a tax year, it remains the appraised value for that year. In subsequent years, appraisal districts cannot increase the value unless supported by clear and convincing evidence. The bill also shifts the burden of proof to the appraisal district if the appraised value was lowered in a prior appeal.

Texas SB2535 amends property appraisal rules for ad valorem taxes, including protest, arbitration, and appeal processes.

Texas SB2535 modifies the appraisal process for property taxes, stipulating that if the appraised value of property is lowered in a tax year, it remains the appraised value for that year. In subsequent years, appraisal districts cannot increase the value unless supported by clear and convincing evidence. The bill also shifts the burden of proof to the appraisal district if the appraised value was lowered in a prior appeal.