By: Wentworth S.B. No. 767
A BILL TO BE ENTITLED
AN ACT
relating to the appraisal for ad valorem tax purposes of certain
land included in a habitat preserve and subject to a conservation
easement.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter B, Chapter 23, Tax Code, is amended by
adding Section 23.225 to read as follows:
Sec. 23.225. APPRAISAL OF CERTAIN LAND INCLUDED IN HABITAT
PRESERVE AND SUBJECT TO CONSERVATION EASEMENT. (a) In this
section, "endangered species," "federal permit," and "habitat
preserve" have the meanings assigned by Section 83.011, Parks and
Wildlife Code.
(b) In appraising land that is included in a habitat
preserve and is subject to a conservation easement, created under
Chapter 183, Natural Resources Code, or other law, that is held by a
local government and that restricts the use of the land to protect
an endangered species under a federal permit, the chief appraiser
shall consider the effect of the restriction on the value of the
land.
SECTION 2. This Act applies only to the appraisal of land
for a tax year beginning on or after the effective date of this Act.
SECTION 3. This Act takes effect January 1, 2006.