| 1 | 1 | | 85R5702 LHC-F |
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| 2 | 2 | | By: Phillips H.B. No. 1211 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the additional tax imposed on land appraised for ad |
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| 8 | 8 | | valorem tax purposes as qualified open-space land if a change in use |
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| 9 | 9 | | of the land occurs. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 23.55(a), Tax Code, is amended to read as |
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| 12 | 12 | | follows: |
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| 13 | 13 | | (a) If the use of land that has been appraised as provided by |
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| 14 | 14 | | this subchapter changes, an additional tax is imposed on the land |
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| 15 | 15 | | equal to the difference between the taxes imposed on the land for |
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| 16 | 16 | | each of the three [five] years preceding the year in which the |
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| 17 | 17 | | change of use occurs that the land was appraised as provided by this |
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| 18 | 18 | | subchapter and the tax that would have been imposed had the land |
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| 19 | 19 | | been taxed on the basis of market value in each of those years, plus |
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| 20 | 20 | | interest at an annual rate of five [seven] percent calculated from |
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| 21 | 21 | | the dates on which the differences would have become due. For |
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| 22 | 22 | | purposes of this subsection, the chief appraiser may not consider |
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| 23 | 23 | | any period during which land is owned by the state in determining |
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| 24 | 24 | | whether a change in the use of the land has occurred. |
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| 25 | 25 | | SECTION 2. The changes in law made by this Act apply only to |
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| 26 | 26 | | a change in the use of land appraised under Subchapter D, Chapter |
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| 27 | 27 | | 23, Tax Code, that occurs on or after the effective date of this |
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| 28 | 28 | | Act. A change in the use of land appraised under Subchapter D, |
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| 29 | 29 | | Chapter 23, Tax Code, that occurred before the effective date of |
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| 30 | 30 | | this Act is governed by the law in effect on the date the change in |
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| 31 | 31 | | use occurred, and the former law is continued in effect for that |
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| 32 | 32 | | purpose. |
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| 33 | 33 | | SECTION 3. This Act takes effect September 1, 2017. |
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