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A BILL TO BE ENTITLED
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AN ACT
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relating to the eligibility of land for appraisal for ad valorem tax |
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purposes as qualified open-space land if the land is used for |
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certain oil and gas operations. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter D, Chapter 23, Tax Code, is amended by |
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adding Section 23.524 to read as follows: |
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Sec. 23.524. OIL AND GAS OPERATIONS ON LAND. The |
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eligibility of land for appraisal under this subchapter does not |
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end because a lessee begins conducting oil and gas operations on the |
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land under a lease over which the Railroad Commission of Texas has |
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jurisdiction under Section 81.051, Natural Resources Code, if the |
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land otherwise continues to qualify for appraisal under this |
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subchapter. |
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SECTION 2. The change in law made by this Act does not |
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affect an additional tax imposed as a result of a change of use of |
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land appraised under Subchapter D, Chapter 23, Tax Code, that |
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occurred before the effective date of this Act. |
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SECTION 3. This Act takes effect on the date on which the |
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constitutional amendment proposed by the 85th Legislature, Regular |
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Session, 2017, authorizing the legislature to provide for |
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exceptions to the requirement that open-space land be devoted to |
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certain purposes for ad valorem taxation based on the land's |
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productive capacity is approved by the voters. If that amendment is |
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not approved by the voters, this Act has no effect. |