Honorable Anna Mowery, Chair, House Committee on Land & Resource Management
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB1472 by Miller (Relating to the annexation of land for which property taxes are imposed based on the land's value for agricultural or wildlife management purposes. ), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend Chapter 43, Local Government Code, to authorize a municipality to annex an area qualified for agricultural or wildlife management use. A municipality would not be allowed to annex an area unless the municipality offers to make a development agreement with the landowner as specified in the bill.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.