Bill Text: TX SB555 | 2019-2020 | 86th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the qualification of land for appraisal for ad valorem tax purposes as agricultural land and the liability for the additional tax imposed on such land if the use of the land changes as a result of a condemnation.
Spectrum: Slight Partisan Bill (Republican 11-5)
Status: (Engrossed - Dead) 2019-04-26 - Left pending in committee [SB555 Detail]
Download: Texas-2019-SB555-Comm_Sub.html
Bill Title: Relating to the qualification of land for appraisal for ad valorem tax purposes as agricultural land and the liability for the additional tax imposed on such land if the use of the land changes as a result of a condemnation.
Spectrum: Slight Partisan Bill (Republican 11-5)
Status: (Engrossed - Dead) 2019-04-26 - Left pending in committee [SB555 Detail]
Download: Texas-2019-SB555-Comm_Sub.html
By: Schwertner, et al. | S.B. No. 555 | |
(In the Senate - Filed January 31, 2019; February 21, 2019, | ||
read first time and referred to Committee on Property Tax; | ||
April 1, 2019, reported adversely, with favorable Committee | ||
Substitute by the following vote: Yeas 5, Nays 0; April 1, 2019, | ||
sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR S.B. No. 555 | By: Creighton |
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relating to the qualification of land for appraisal for ad valorem | ||
tax purposes as agricultural land and the liability for the | ||
additional tax imposed on such land if the use of the land changes | ||
as a result of a condemnation. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 23.46, Tax Code, is amended by adding | ||
Subsections (e-1) and (g) to read as follows: | ||
(e-1) A portion of a parcel of land is not diverted to | ||
nonagricultural use for purposes of Subsection (c) because the | ||
portion is subject to a right-of-way that is less than 200 feet wide | ||
and that was taken by condemnation if the remainder of the parcel of | ||
land qualifies for appraisal under this subchapter. | ||
(g) If the additional taxes are due because the land has | ||
been diverted to a nonagricultural use as a result of a | ||
condemnation, the additional taxes and interest imposed by this | ||
section are the personal obligation of the condemning entity and | ||
not the property owner from whom the property was taken. | ||
SECTION 2. (a) Section 23.46(e-1), Tax Code, as added by | ||
this Act, applies only to the appraisal of land for ad valorem tax | ||
purposes for a tax year that begins on or after the effective date | ||
of this Act. | ||
(b) Section 23.46(g), Tax Code, as added by this Act, | ||
applies only to a change of use of land that occurs on or after the | ||
effective date of this Act. | ||
SECTION 3. This Act takes effect September 1, 2019. | ||
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