HB 4864

relating to the eligibility of a person to serve as an arbitrator in
a binding arbitration of an appeal of an appraisal review board
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1.  Section 41A.06(b), Tax Code, is amended to read
(b)  To initially qualify to serve as an arbitrator under
(1)  meet the following requirements, as applicable:
(A)  be licensed as an attorney in this state; or
(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
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
(3)  complete the training program on property tax law
for the training and education of arbitrators established under
(4)  agree to conduct an arbitration for a fee that is
(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,
(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
(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
SECTION 2.  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.