85R1911 LHC-D
By: Canales H.B. No. 320
A BILL TO BE ENTITLED
AN ACT
relating to the additional tax imposed on land appraised for ad
valorem tax purposes as qualified open-space land if a change in use
of the land occurs.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 23.55(a), Tax Code, is amended to read as
follows:
(a) If the use of land that has been appraised as provided by
this subchapter changes, an additional tax is imposed on the land
equal to the difference between the taxes imposed on the land for
each of the two [five] years preceding the year in which the change
of use occurs that the land was appraised as provided by this
subchapter and the tax that would have been imposed had the land
been taxed on the basis of market value in each of those years, plus
interest at an annual rate of seven percent calculated from the
dates on which the differences would have become due. For purposes
of this subsection, the chief appraiser may not consider any period
during which land is owned by the state in determining whether a
change in the use of the land has occurred.
SECTION 2. The change in law made by this Act applies only
to a change in the use of land appraised under Subchapter D, Chapter
23, Tax Code, that occurs on or after the effective date of this
Act. A change in the use of land appraised under Subchapter D,
Chapter 23, Tax Code, that occurred before the effective date of
this Act is governed by the law in effect on the date the change in
use occurred, and the former law is continued in effect for that
purpose.
SECTION 3. This Act takes effect September 1, 2017.