Texas 2021 - 87th Regular

Texas Senate Bill SB1245

Caption

Relating to the farm and ranch survey conducted by the comptroller for purposes of estimating the productivity value of qualified open-space land as part of the study of school district taxable values.

Impact

The implementation of SB1245 is expected to streamline the process for property owners participating in the farm and ranch survey by providing necessary guidance and instructional resources. This will include a comprehensive guide and annual informational sessions designed to enhance public knowledge and participation. Furthermore, it aims to foster transparency in the valuation process of agricultural land, thereby impacting tax assessments that help school districts determine their taxable values more accurately.

Summary

SB1245 is focused on enhancing the farm and ranch survey conducted by the comptroller to better estimate the productivity value of qualified open-space land for tax evaluations in relation to school districts. The bill mandates the comptroller to conduct an annual survey, which aims to provide a clearer understanding of land values that qualify for open-space tax considerations. This initiative is significant as it aims to improve the accuracy and reliability of property appraisals related to agricultural lands.

Sentiment

The sentiment surrounding SB1245 appears largely positive, with significant support reflected in its voting history – the bill passed the Senate unanimously with 31 votes in favor and the House with a decisive 141 votes to 2. This suggests broad bipartisan agreement on the necessity of efficient property valuation processes in support of agricultural taxation, indicating shared concerns for the economic viability of farming and ranching within the state.

Contention

While the bill received overwhelming support, discussions around it may bring up concerns regarding how extensively it could regulate agricultural practices and property assessments. Potential opposition could arise from those who believe that stringent surveying protocols may inadvertently disadvantage smaller landholders or complicate the appraisal process. Nevertheless, these concerns did not seem to manifest as strong opposition during the legislative voting, pointing to a consensus on the bill's intent.

Companion Bills

No companion bills found.

Previously Filed As

TX HB1324

Relating to the study of school district property values conducted by the comptroller of public accounts.

TX SB1064

Relating to the school district property value study conducted by the comptroller of public accounts.

TX HB149

Relating to the definition of "eligible school district" for purposes of the study of school district property values conducted by the comptroller of public accounts.

TX HB85

Relating to the definition of "eligible school district" for purposes of the study of school district property values conducted by the comptroller of public accounts.

TX HB3127

Relating to the study of school district property values conducted by the comptroller of public accounts.

TX HB4576

Relating to a limitation on increases in the appraised value for ad valorem tax purposes of agricultural or open-space land.

TX HB971

Relating to the frequency with which the comptroller is required to conduct the school district property value study and the ratio study of an appraisal district.

TX HB3857

Relating to the eligibility of land for appraisal for ad valorem tax purposes as qualified open-space land.

TX SB1455

Relating to the eligibility of land for appraisal for ad valorem tax purposes as qualified open-space land.

TX HB2463

Relating to an adjustment for certain school districts under the public school finance system for revenue lost due to the use of the state value of the district's taxable value of property determined by the comptroller of public accounts.

Similar Bills

TX HB1524

Relating to correcting outdated references to the Texas Building and Procurement Commission.

TX SB2208

Relating to the transfer of the regulation of property tax professionals from the Texas Department of Licensing and Regulation to the comptroller of public accounts; providing civil and administrative penalties.

TX SB212

Relating to the abolishment of the Texas Council on Purchasing from People with Disabilities and the transfer of its functions to the Texas Workforce Commission.

TX HB1989

Relating to the abolishment of the Texas Council on Purchasing from People with Disabilities and the transfer of its functions to the comptroller of public accounts.

NJ ACR95

Proposes amendment to State Constitution to provide for elected State Comptroller and eliminate Office of State Auditor.

NJ ACR104

Proposes amendment to State Constitution to provide for elected State Comptroller and eliminate Office of State Auditor.

TX HB3613

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TX SB633

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