Relating to the calculation of certain ad valorem tax rates of a taxing unit for a year in which a property owner provides notice that the owner intends to appeal an order of an appraisal review board determining a protest by the owner regarding the appraisal of the owner's property.

Contracts

• Triple Net (NNN) Leases: Review leases for major industrial/commercial facilities in affected counties. Explicitly define whether the landlord or tenant has the authority to determine the "uncontested value" submitted to the county, as this figure impacts tax liability.
• Tax Consultant Engagement Letters: Amend agreements with external property tax firms. They must be contractually obligated to monitor for the July 1 notice from the county and prepare the Section 41.48 submission by the August deadline.

Hiring/Training

• Internal Coordination: Tax Directors must brief in-house counsel immediately. You can no longer wait until a lawsuit is filed to determine your valuation position; a "good faith" uncontested value must be calculated during the administrative protest phase.

Reporting & Record-Keeping

• Mandatory Filing: If you receive a notice from the taxing unit (due by July 1), you must file a written statement containing:
• 1. The total amount of uncontested taxable value.
• 2. A statement of intent to pay the tax due on that uncontested amount.
• Litigation Shield: Ensure all submissions are marked: *"Submitted pursuant to Texas Tax Code Section 41.48(e) for tax rate calculation purposes only"* to prevent this data from being used as an admission of value in future District Court proceedings.

Fees & Costs

• No New Government Fees: There are no filing fees associated with this notice.
• Administrative Cost: Expect increased billable hours from external tax consultants and counsel for the accelerated valuation analysis required in July/August.