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A BILL TO BE ENTITLED
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AN ACT
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relating to qualification of land for appraisal for ad valorem tax |
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purposes as timber land. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 23.72, Tax Code, is amended to read as |
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follows: |
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Sec. 23.72. QUALIFICATION FOR PRODUCTIVITY APPRAISAL. (a) |
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In this section, "land" includes roads, rights-of-way, buffer |
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areas, fire breaks, property taken through the exercise of eminent |
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domain, and other real property associated with the production of |
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timber or forest products. |
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(b) Land qualifies for appraisal as provided by this |
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subchapter if it is currently and actively devoted principally to |
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production of timber or forest products to the degree of intensity |
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generally accepted in the area with intent to produce income and has |
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been devoted principally to production of timber or forest products |
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or to agricultural use that would qualify the land for appraisal |
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under Subchapter C or D [of this chapter] for five of the preceding |
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seven years. |
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SECTION 2. Section 23.72, Tax Code, as amended by this Act, |
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applies only to the appraisal of land for ad valorem tax purposes |
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for a tax year that begins on or after January 1, 2018. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2017. |