A requirement that an appraisal district rely on an appraisal of real property prepared by an appraiser and submitted to the district by the property owner when determining the value of the property

Texas HB1766 requires appraisal districts to use property appraisals submitted by property owners when determining the value of their real estate. This means that if a property owner has an appraisal done by a professional appraiser, the district must consider that appraisal in their valuation process. The goal is to ensure fairness in property assessments.

Supporters of HB1766 argue that the bill empowers property owners by giving them a stronger voice in how their property is valued. They believe it will lead to more accurate and fair assessments, reducing potential disputes between property owners and appraisal districts.

Critics of HB1766 warn that requiring appraisal districts to rely on owner-submitted appraisals could undermine the objectivity and consistency of property valuations. They fear this could lead to inflated property values, resulting in higher taxes and potential inequities in the appraisal process.