Texas House Bill HB4099

Texas 2021 - 87th Regular

Caption

Relating to an interim study of the appraisal of agricultural land for ad valorem tax purposes.

Impact

The primary impact of HB4099 would involve a comprehensive review of existing appraisal practices and policies which govern agricultural land taxation. The committee will evaluate the role of the Texas Comptroller in guiding appraisal districts and ascertain whether the appraisal manuals currently in use require updates. This inquiry is significant as it could lead to refined processes that may benefit farmers and agricultural landowners, potentially resulting in more equitable tax assessments.

Summary

House Bill 4099 seeks to establish a joint interim committee dedicated to studying the intricacies of appraising agricultural land for ad valorem tax purposes. This initiative is aimed at ensuring that the appraisal methods and procedures in place are effective and fair for agricultural landowners in Texas. The committee is to be comprised of members from both the House Ways and Means Committee and the Senate Committee on Water, Agriculture & Rural Affairs, highlighting the importance of cross-legislative collaboration on agricultural issues.

Contention

Contentious points surrounding HB4099 may arise concerning whether proposed changes would favor agricultural landowners at the expense of local tax revenues. Discussions could also emerge regarding what constitutes fair valuation practices and the broader implications of any new legislation that may follow from the committee's findings. Additionally, profiling whether new exemptions or special valuation for agricultural land could potentially conflict with interests of local governments or non-agricultural property owners remains to be a debated aspect within the legislative circles.