34 Tex. Admin. Code § 9.4247 - Payment of Arbitrator Fees
(a) Amount of
arbitrator fee. The arbitrator fee for RBA shall not exceed the applicable
amount specified in Tax Code, §
41A.06(b)(4).
(b) Processing of arbitrator fees. Payment of
arbitrator fees shall be processed in accordance with §
9.4209 of this title and as
follows:
(1) If the arbitrator determines that
the appraised or market value, as applicable, of the property that is the
subject of the appeal is nearer to the property owner's opinion of value as
stated in the request for RBA than the value reflected in the ARB order, the
comptroller shall refund the property owner's arbitration deposit. In this
case, the appraisal district, on receipt of a copy of the RBA award, shall pay
the arbitrator fee. Payments shall be made outside of the online arbitration
system.
(2) If the arbitrator
determines that the appraised or market value, as applicable, of the property
that is the subject of the appeal is not nearer to the property owner's opinion
of value as stated in the request for RBA than the value reflected in the ARB
order, the comptroller shall pay the arbitrator fee out of the property owner's
deposit.
(3) If the arbitrator
determines that the appraised or market value, as applicable, of the property
that is the subject of the appeal is exactly one-half of the difference in
value between the property owner's opinion of value of the property as stated
in the request for RBA and the ARB order, the comptroller shall process payment
of the arbitrator fee and arbitration deposit pursuant to paragraph (2) of this
subsection.
Notes
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