New property tax appraisal appeal process

CPA Rep. John Otto (R-Dayton) authored a bill that passed the 81st Legislature providing for pilot program testing of a new way to appeal property tax appraisals on commercial property valued at $1 million or more. HB 2612 allows appeals to be made to the State Office of Administrative Hearings before an administrative law judge. The program only applies to property located in Bexar, Cameron, El Paso, Harris Tarrant and Travis counties.

According to an article in the Fort Worth Business Press, property tax appraisals are not falling as fast as market values so the pilot program may be welcome by some taxpayers.