HBA-KDB H.B. 559 77(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 559 By: Mowery Ways and Means 2/26/2001 Introduced BACKGROUND AND PURPOSE Under current law, property owners are authorized to recoup attorney's fees when an appraisal district overvalues the owner's property and the owner wins on appeal. Because of statutory limitations, it is often not cost effective for property owners to litigate appraisal matters, even when it is clear that the appraisal district has acted incorrectly. House Bill 559 authorizes property owners to more easily recoup their attorney's fees when an appraisal district overvalues the owner's property and the owner wins on appeal. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. ANALYSIS House Bill 559 amends the Tax Code to provide that the amount of an award of attorney's fees is not subject to a limitation if the court determines that the appraised value of the property exceeds by 200 percent or more the appraised value required by law, or the appraisal ratio of the property exceeds by at least 200 percent the median level of appraisal. EFFECTIVE DATE On passage, or if the Act does not receive the necessary vote, the Act takes effect September 1, 2001.