Property Tax Alert: Texas

July 2007

An amendment to Texas property tax law provides that if real property is located partially inside the boundaries of more than one appraisal district, the chief appraisers who are responsible for appraising the property must coordinate their appraisals of each portion of the property to ensure to the greatest extent possible that the property as a whole is appraised at its market value. Another amendment makes an appraisal district's boundaries the same as the county's boundaries, without exception. The legislation is effective January 1, 2008, except that transition provisions are effective September 1, 2007.

Please contact Rash & Associates for more information.