S.B. No. 1256
 
 
 
 
AN ACT
  relating to the requirements for a sale to be considered a
  comparable sale for ad valorem tax purposes.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 23.013, Tax Code, is amended by adding
  Subsection (b-1) to read as follows:
         (b-1)  Notwithstanding Subsection (b), for a residential
  property in a county with a population of more than 150,000, a sale
  is not considered to be a comparable sale unless the sale occurred
  within 36 months of the date as of which the market value of the
  subject property is to be determined, regardless of the number of
  comparable properties sold during that period.
         SECTION 2.  This Act applies only to the appraisal of
  property for a tax year beginning on or after the effective date of
  this Act.
         SECTION 3.  This Act takes effect January 1, 2014.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 1256 passed the Senate on
  April 17, 2013, by the following vote:  Yeas 31, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 1256 passed the House on
  May 22, 2013, by the following vote:  Yeas 148, Nays 0, two
  present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor