Issue Date: 2005-09-01
Revised Date: 2019-03-05

Legal Cites


2005 by S.B. 1351, S.B. 1605, H.B. 182, 79th Leg., R.S.


A property owner may appeal through binding arbitration under the chapter if an appraisal review board order determining a protest if the value of the property is $3 million or less and the appeal doesn't involve any other matter in dispute. The property owner must file with the appraisal district and pay an arbitration deposit based on the property's appraised market value. The deposit is either $450, $500, $800, $1,050 or $1,550. Depending on determination of the appeal, comptroller shall refund the deposit to the property owner or pay the arbitrator from the deposit, retain administrative costs and return the difference to the property owner.

Classification Group 08: Trust Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure

Administering Agencies


Property value and deposit increased by S.B. 849, 84th Leg., R.S.

USAS Values

Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status A
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities