logo-updated-012918
Property Tax Inquiries Call 713.290.9700

S.B. No. 1257

S.B. No. 1257

AN ACT
Relating to the information required to be provided by the chief
appraiser of an appraisal district to the comptroller in connection
with the comptroller’s central registry of reinvestment zones
designated and ad valorem tax abatement agreements executed under
the Property Redevelopment and Tax Abatement Act.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 312.005(a), Tax Code, is amended to read
as follows:
(a) The comptroller shall maintain a central registry of
reinvestment zones designated under this chapter and of ad valorem
tax abatement agreements executed under this chapter. The chief
appraiser of each appraisal district that appraises property for a
taxing unit that has designated a reinvestment zone or executed a
tax abatement agreement under this chapter shall deliver to the
comptroller before July 1 of the year following the year in which
the zone is designated or the agreement is executed a report
providing the following information:
(1) for a reinvestment zone, a general description of
the zone, including its size, the types of property located in it,
its duration, and the guidelines and criteria established for the
reinvestment zone under Section 312.002, including subsequent
amendments and modifications of the guidelines or criteria;
(2) a copy of each tax abatement agreement to which a
taxing unit that participates in the appraisal district is a party;
[and]
(3) the information described by Section
312.205(a)(1) in connection with each tax abatement agreement
described by Subdivision (2) of this subsection; and
(4) any other information required by the comptroller
to administer this section [and Subchapter F, Chapter 111].
SECTION 2. This Act takes effect September 1, 2021.

______________________________ ______________________________
President of the Senate Speaker of the House

I hereby certify that S.B. No. 1257 passed the Senate on
April 19, 2021, by the following vote: Yeas 31, Nays 0.

______________________________
Secretary of the Senate

I hereby certify that S.B. No. 1257 passed the House on
May 24, 2021, by the following vote: Yeas 144, Nays 0, one present
not voting.

______________________________
Chief Clerk of the House

Approved:

______________________________
Date

______________________________
Governor

Property Tax Protection Program™ Benefits

  • No flat fees or upfront costs.  No cost ever unless your property taxes are reduced.
  • All practical efforts are made every year to reduce your property taxes.
  • Never miss another appeal deadline.
  • Property taxes protested for you annually.
  • You do not have to accept the appraisal district’s initial guesstimate of value.
  • We coordinate with you regarding building size / condition to avoid excess taxes.
  • Free support regarding homestead exemptions.
  • Some years are good – typically 6 to 7 out of 10 will result in tax reduction for you.
  • The other 3 to 4 years out of 10 we strike out. Most often due to people issues in the hearing process. Some years we get an easy appraiser at the informal; some years someone who is impossible to settle with.
The Residential Property Protection Program™
is powered by O’Connor
  • Enter your information below and your documents and enrollment information will be emailed to you within one business day

  • Hidden
  • Hidden
  • Hidden
  • Call 713.290.9700 to discuss with a representative.

    Please monitor your E-mail and spam filter. If you don't receive your enrollment documents within 24 business hours, call 713.290.9700 8am - 5pm CST

  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.

When you submit your enrollment, you understand this is a risk free offer to you. If your taxes are not reduced you PAY NOTHING, and a portion of the tax savings is the only fee you pay when your taxes are reduced.