Bill > HB3093

This bill addresses the tax calculation process for certain small coastal counties in Texas when a high-value property owner intends to appeal their property's appraisal value. The bill introduces new definitions related to property tax calculations, including terms like "anticipated substantial litigation" and "contested taxable value". For affected taxing units (specifically small Gulf Coast counties), the bill allows property owners with top 20 most valuable properties to notify the local tax authority about potential appeals. These property owners must submit the portion of their property's value that is not being contested and commit to paying taxes on that uncontested amount. The bill requires tax calculation forms to include an addendum with documentation supporting any value exclusions and mandates that these forms and supporting documents be electronically submitted and made publicly available. The changes will apply to ad valorem tax years beginning on or after January 1, 2026 (or 2025 if the bill receives immediate effect), and are designed to provide more transparency and flexibility in property tax calculations when significant property valuations are being disputed.

Budget and Finance, Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3093