HB4864 - 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.

      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.