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HB 534, 87th R.S.

Relating to the reduction of the sales price of a comparable property by an amount equal to the amount of the typical commission for the sale or purchase of property for purposes of using the market data comparison method of appraisal to determine the market value of real property for ad valorem tax purposes.

Last action: Referred to Ways & Means

Author: Hugh Shine

Subjects:
Property Interests--Real Property
Taxation--Property-Appraisals & Appraisal Districts

House Committee: Ways & Means (Morgan Meyer, Angie Button, Sheryl Cole, R. D. "Bobby" Guerra, Trey Martinez Fischer, Jim Murphy, Candy Noble, Eddie Rodriguez, Scott Sanford, Hugh Shine, Shawn Thierry)

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