Proposing a constitutional amendment providing for the appraisal for ad valorem tax purposes of open-space land devoted to water-stewardship purposes on the basis of its productive capacity.
Impact
If passed, this amendment would impact the Texas Constitution by fundamentally changing how open-space lands used for water stewardship are appraised for taxation. This could lead to more favorable tax conditions for landowners who engage in water conservation practices, potentially incentivizing better management of water resources. Additionally, it aligns with statewide efforts to enhance environmental sustainability and resource conservation.
Summary
SJR16 is a Senate Joint Resolution proposing a constitutional amendment that aims to allow for the appraisal of open-space land devoted to water-stewardship purposes based on its productive capacity for ad valorem tax purposes. The bill looks to promote the preservation of open-space land by providing a mechanism for those lands to be taxed in a manner that reflects their actual productive capability. The focus on water stewardship is particularly relevant in the context of promoting responsible land use and conservation practices within the state of Texas.
Contention
One notable point of contention surrounding SJR16 is the phrase 'productive capacity,' which may be interpreted differently by various stakeholders. While supporters argue that this approach will encourage responsible stewardship of resources and land conservation, some critics may fear that the criteria for defining 'productive capacity' could be manipulated or overly regulated, limiting local landowners' rights or imposing excessive governmental oversight. The debate over the balance between promoting environmental stewardship and ensuring individual property rights is likely to be a focal point in discussions surrounding this bill.
Enabled by
Relating to the appraisal for ad valorem tax purposes of open-space land devoted to water stewardship purposes on the basis of its productive capacity.
TX SB449
Enabled by
Relating to the appraisal for ad valorem tax purposes of open-space land devoted to water stewardship purposes on the basis of its productive capacity.
TX HJR107
Identical
Proposing a constitutional amendment providing for the appraisal for ad valorem tax purposes of open-space land devoted to water stewardship purposes on the basis of its productive capacity.
Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value for ad valorem tax purposes in a tax year of land designated for agricultural use or open-space land devoted to farm, ranch, or wildlife management purposes to a specified percentage of the appraised value of the land for the preceding tax year.