LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 27, 2015 TO: Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1513 by Fletcher (relating to the minimum size of a tract of land used to raise or keep bees in order for the tract to be eligible for appraisal for ad valorem tax purposes as qualified open-space land.), Committee Report 1st House, Substituted Implementing provisions of the bill related to modifying the definition of agricultural use would create a cost to units of local government, and to the state through the operation of the school funding formula by reducing the number of acres required to qualify under the beekeeping land use. No information is available regarding the increased number of qualified acres or decreased taxable value that would be attributable to this provision; consequently the fiscal impact of the bill cannot be estimated. This bill would amend Chapter 23 of the Tax Code, regarding property tax appraisal methods and procedures, to amend the definition of agricultural use by reducing the minimum number of acres from five to two for land used to keep bees. Local Government Impact The fiscal implications of the bill cannot be determined at this time Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, SZ, JJ, BRi
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 27, 2015
TO: Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1513 by Fletcher (relating to the minimum size of a tract of land used to raise or keep bees in order for the tract to be eligible for appraisal for ad valorem tax purposes as qualified open-space land.), Committee Report 1st House, Substituted
TO: Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1513 by Fletcher (relating to the minimum size of a tract of land used to raise or keep bees in order for the tract to be eligible for appraisal for ad valorem tax purposes as qualified open-space land.), Committee Report 1st House, Substituted
Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock
Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB1513 by Fletcher (relating to the minimum size of a tract of land used to raise or keep bees in order for the tract to be eligible for appraisal for ad valorem tax purposes as qualified open-space land.), Committee Report 1st House, Substituted
HB1513 by Fletcher (relating to the minimum size of a tract of land used to raise or keep bees in order for the tract to be eligible for appraisal for ad valorem tax purposes as qualified open-space land.), Committee Report 1st House, Substituted
Implementing provisions of the bill related to modifying the definition of agricultural use would create a cost to units of local government, and to the state through the operation of the school funding formula by reducing the number of acres required to qualify under the beekeeping land use. No information is available regarding the increased number of qualified acres or decreased taxable value that would be attributable to this provision; consequently the fiscal impact of the bill cannot be estimated.
Implementing provisions of the bill related to modifying the definition of agricultural use would create a cost to units of local government, and to the state through the operation of the school funding formula by reducing the number of acres required to qualify under the beekeeping land use. No information is available regarding the increased number of qualified acres or decreased taxable value that would be attributable to this provision; consequently the fiscal impact of the bill cannot be estimated.
This bill would amend Chapter 23 of the Tax Code, regarding property tax appraisal methods and procedures, to amend the definition of agricultural use by reducing the minimum number of acres from five to two for land used to keep bees.
Local Government Impact
The fiscal implications of the bill cannot be determined at this time
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, SZ, JJ, BRi
UP, SZ, JJ, BRi