Relating to the eligibility of a person to serve as an arbitrator in a binding arbitration of an appeal of an appraisal review board order.

89(R) HB 4864 - Engrossed version - Bill Text

By: Metcalf

H.B. No. 4864

A BILL TO BE ENTITLED

AN ACT

relating to the eligibility of a person to serve as an arbitrator in

a binding arbitration of an appeal of an appraisal review board

order.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 41A.06(b), Tax Code, is amended to read

as follows:

(b) To initially qualify to serve as an arbitrator under

this chapter, a person must:

(1) meet the following requirements, as applicable:

(A) be licensed as an attorney in this state; or

(B) have:

(i) completed at least 30 hours of training

in arbitration and alternative dispute resolution procedures from a

university, college, or legal or real estate trade association; and

(ii) been licensed or certified

continuously during the five years preceding the date the person

agrees to serve as an arbitrator as:

(a) a real estate broker or sales

agent under Chapter 1101, Occupations Code;

(b) a real estate appraiser under

Chapter 1103, Occupations Code; [
or
]

(c) a certified public accountant

under Chapter 901, Occupations Code;
or

(d)

a registered professional

appraiser under Chapter 1151, Occupations Code;

(2) complete the courses for training and education of

appraisal review board members established under Sections 5.041(a)

and (e-1) and be issued a certificate for each course indicating

course completion;

(3) complete the training program on property tax law

for the training and education of arbitrators established under

Section 5.043; and

(4) agree to conduct an arbitration for a fee that is

not more than:

(A) $400, if the property qualifies as the

owner's residence homestead under Section 11.13 and the appraised

or market value, as applicable, of the property is $500,000 or less,

as determined by the order;

(B) $450, if the property qualifies as the

owner's residence homestead under Section 11.13 and the appraised

or market value, as applicable, of the property is more than

$500,000, as determined by the order;

(C) $450, if the property does not qualify as the

owner's residence homestead under Section 11.13 and the appraised

or market value, as applicable, of the property is $1 million or

less, as determined by the order;

(D) $750, if the property does not qualify as the

owner's residence homestead under Section 11.13 and the appraised

or market value, as applicable, of the property is more than $1

million but not more than $2 million, as determined by the order;

(E) $1,000, if the property does not qualify as

the owner's residence homestead under Section 11.13 and the

appraised or market value, as applicable, of the property is more

than $2 million but not more than $3 million, as determined by the

order; or

(F) $1,500, if the property does not qualify as

the owner's residence homestead under Section 11.13 and the

appraised or market value, as applicable, of the property is more

than $3 million but not more than $5 million, as determined by the

order.

SECTION 2. Section 41A.061(a), Tax Code, is amended to read

as follows:

(a) The comptroller shall include a qualified arbitrator in

the registry until the second anniversary of the date the person was

added to the registry. To continue to be included in the registry

after the second anniversary of the date the person was added to the

registry, the person must renew the person's agreement with the

comptroller to serve as an arbitrator on or as near as possible to

the date on which the person's license or certification issued

under Chapter 901, 1101, [
or
] 1103,
or 1151,
Occupations Code, is

renewed.

SECTION 3. This Act takes effect immediately if it receives

a vote of two-thirds of all the members elected to each house, as

provided by Section 39, Article III, Texas Constitution. If this

Act does not receive the vote necessary for immediate effect, this

Act takes effect September 1, 2025.