Bill Text: TX SB555 | 2019-2020 | 86th Legislature | Introduced
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-Introduced.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-Introduced.html
86R2964 LHC-D | ||
By: Schwertner | S.B. No. 555 |
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relating to liability for the additional tax imposed on land | ||
appraised for ad valorem tax purposes as agricultural 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 | ||
Subsection (g) to read as follows: | ||
(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. The change in law made by this Act applies only | ||
to a change of use of land that occurs on or after the effective date | ||
of this Act. A change of use of land that occurred before the | ||
effective date of this Act is governed by the law in effect when the | ||
change of use occurred, and the former law is continued in effect | ||
for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2019. |