| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the additional tax imposed on land appraised for ad |
|
|
valorem tax purposes as open-space land if a change of 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 10 [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 to Section 23.55, Tax Code, |
|
|
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, 2009. |