Relating to the authority of an owner of property that qualifies for an exemption as a historic or archaeological site to protest the allocation of the appraised value of the property between the land and the improvements to the land.

This bill (SB 2553) amends Texas property tax appraisal rules for historic or archaeological sites. It requires chief appraisers to consider how restrictions on altering, improving, or repairing a property (due to its historic designation) affect its market value when calculating ad valorem taxes. The law directly affects owners of properties qualifying for historic or archaeological tax exemptions, ensuring their tax assessment reflects the reduced value caused by preservation restrictions. The change applies only to tax years beginning on or after January 1, 2026.