Finance & Revenue
In 2013 HB 585 reformed the appraisal system, which remains under fire for what is perceived as a disproportionate impact on revenue collection from commercial property re-appraisals.
HB 585 required the Comptroller issued model appraisal review board hearing procedures in December 2013. The Office of the Comptroller will issue a report on the model procedures in early 2015. [Model Appraisal Review Board hearing Procedures]
HB 585 also established a new burden of proof standard of clear and convincing. An Appraisal District has to establish the value by the clear and convincing evidence. [HB 585 (2013)]
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