Texas Comptroller Adopts Property Tax Regulations Establishing New Arbitration Rules

The Texas Comptroller of Public Accounts adopted property tax regulations establishing new arbitration rules. The new sections establish rules concerning limited binding arbitration for certain alleged procedural violations during the local protest process, and update current rules concerning regular binding arbitration to appeal values determined by local appraisal review boards, and current rules concerning the Comptroller’s registry of arbitrators. The regulations take effect April 16. [Tex. Comptroller of Pub. Accts., Tex. Admin. Code tit. 34 Sections 9.4201 through 9.4213, 04/12/24 Tex. Reg.]