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Estimated Two-year Net Impact to General Revenue Related Funds for HB97, As Introduced: a negative impact of ($150,000) through the biennium ending August 31, 2021 for Comptroller administrative costs. Additionally, the bill's proposed changes to the definitions of qualified open space land and agricultural use would have a negative impact of ($29,529,000) beginning in fiscal year 2023.
The bill would make no appropriation but could provide the legal basis for an appropriation of
funds to implement the provisions of the bill.
HB 97 makes a variety of changes to the eligibility of
certain agricultural land to qualify as open-space land for the purposes of
appraisal for ad valorem taxation. The bill would require the Comptroller to
devise guidelines in association with the Texas A&M AgriLife extension
service and citizen representatives to determine qualifying criteria for small
parcels of land used for certain agricultural purposes to qualify for the
open-space property tax exemption. The bill would also charge a chief appraiser
with determining the degree of intensity required for various production
methods to meet eligibility requirements.