Bill Text: TX HB1743 | 2019-2020 | 86th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the additional ad valorem tax and interest imposed as a result of a change of use of certain land.
Spectrum: Moderate Partisan Bill (Republican 7-2)
Status: (Passed) 2019-06-15 - Effective on 9/1/19 [HB1743 Detail]
Download: Texas-2019-HB1743-Introduced.html
Bill Title: Relating to the additional ad valorem tax and interest imposed as a result of a change of use of certain land.
Spectrum: Moderate Partisan Bill (Republican 7-2)
Status: (Passed) 2019-06-15 - Effective on 9/1/19 [HB1743 Detail]
Download: Texas-2019-HB1743-Introduced.html
86R4613 SMT-D | ||
By: King of Uvalde | H.B. No. 1743 |
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relating to the additional ad valorem tax and interest imposed as a | ||
result of a change of use of certain land. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 23.55(a), Tax Code, is amended to read as | ||
follows: | ||
(a) If the use of land that has been appraised as provided by | ||
this subchapter changes, an additional tax is imposed on the land | ||
equal to the difference between the taxes imposed on the land for | ||
each of the three [ |
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change of use occurs that the land was appraised as provided by this | ||
subchapter and the tax that would have been imposed had the land | ||
been taxed on the basis of market value in each of those years, plus | ||
interest at an annual rate of five [ |
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the dates on which the differences would have become due. For | ||
purposes of this subsection, the chief appraiser may not consider | ||
any period during which land is owned by the state in determining | ||
whether a change in the use of the land has occurred. | ||
SECTION 2. Section 23.76(a), Tax Code, is amended to read as | ||
follows: | ||
(a) If the use of land that has been appraised as provided by | ||
this subchapter changes, an additional tax is imposed on the land | ||
equal to the difference between the taxes imposed on the land for | ||
each of the three [ |
||
change of use occurs that the land was appraised as provided by this | ||
subchapter and the tax that would have been imposed had the land | ||
been taxed on the basis of market value in each of those years, plus | ||
interest at an annual rate of five [ |
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the dates on which the differences would have become due. | ||
SECTION 3. The changes in law made by this Act apply only to | ||
a change of use of land appraised under Subchapter D or E, Chapter | ||
23, Tax Code, that occurs on or after the effective date of this | ||
Act. A change in the use of land appraised under Subchapter D or E, | ||
Chapter 23, Tax Code, that occurs before the effective date of this | ||
Act is governed by the law in effect on the date the change of use | ||
occurred, and the former law is continued in effect for that | ||
purpose. | ||
SECTION 4. This Act takes effect September 1, 2019. |