Texas House Bill HB133

Texas 2015 - 84th Regular

• Filed: 11/10/14

Caption

Relating to the repeal of the additional ad valorem taxes imposed as a result of certain changes in the use of open-space land appraised as agricultural land.

Impact

The bill's impact on state law revolves around the taxation of agricultural properties and the prevention of additional financial liabilities that property owners may face if they change the use of their land. By repealing these additional taxes, the bill is expected to promote the preservation of agricultural land and encourage landowners to utilize their properties in ways that may align more with current market conditions without the fear of incurring further tax obligations. This could foster a more favorable environment for agricultural enterprises and local economy sustainability.

Summary

House Bill 133 seeks to repeal additional ad valorem taxes that are imposed when there are changes in the usage of open-space land that has been appraised as agricultural land. The bill aims to modify several sections of the Texas Tax Code to eliminate these additional taxes, specifically addressing provisions that classify certain changes in property use as triggers for extra tax liabilities. This legislative change is positioned to alleviate financial burdens on landowners who alter the use of their agricultural properties.

Contention

Notable points of contention regarding HB 133 include potential concerns from local governments that may rely on the revenue generated from these ad valorem taxes. Opponents may argue that the repeal of such taxes could reduce funding for local services, impacting community development and infrastructure. Additionally, there may be differing opinions about the balance between promoting agricultural development and ensuring that local jurisdictions are adequately funded to provide essential public services.