BILL ANALYSIS
Senate Research Center H.B. 3300
By: Phillips (Estes)
AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
Llamas and alpacas have always existed solely as domestic livestock. Failure to include them within the current definition of livestock in the Texas Agricultural Code has caused some llama and alpaca owners to have difficulty in obtaining farm/ranch liability insurance and not all Texas counties have an allowance (animal unit) determination for agricultural valuations for llamas and alpacas.
H.B. 3300 adds llamas, alpacas, and exotic livestock to the existing definition of livestock in the Texas Agriculture Code and thus standardizes the classification of llamas and alpacas in all counties without having any impact on their agricultural valuation for tax purposes.
RULEMAKING AUTHORITY
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 1.003(3), Agriculture Code, to redefine "livestock."
SECTION 2. Effective date: upon passage or September 1, 2007.