1 Tex. Admin. Code § 65.202

Current through Register Vol. 49, No. 48, November 29, 2024

Section 65.202 - Compensation Amount Guidelines

(a) Real property repairs are limited to the following categories:

(1) labor cost for repairs made;

(2) cost for fence repair, including materials;

(3) cost for structure repair, including materials;

(4) disposal and removal of damaged property; or

(5) any other costs the OAG determines is reasonable to restore fair market value.

(b) The OAG will set the compensation rates for costs enumerated in subsection (a) of this section in accordance with fair market value guidelines and publish the rates on the OAG's website. The OAG may periodically review and adjust the compensation rates at its discretion to ensure fair market value.

(c) The maximum amount awarded per incident will not exceed $75,000.

(d) Applications submitted by a claimant for $15 or less will not be considered.

1 Tex. Admin. Code § 65.202

Adopted by Texas Register, Volume 49, Number 18, May 3, 2024, TexReg 3008, eff. 5/12/2024