SB555 — Relating to the qualification of land for appraisal for ad valorem tax purposes as agricultural land and the liability for the additional tax imposed on such land if the use of the land changes as a result of a condemnation.

SB555 — Relating to the qualification of land for appraisal for ad valorem tax purposes as agricultural land and the liability for the additional tax imposed on such land if the use of the land changes as a result of a condemnation. · Informed CitizenryThe bill amends Section 23.46 of the Tax Code regarding land appraisal for ad valorem tax purposes. First, it adds Subsection (e-1) to allow a portion of a parcel of land to be considered for agri…Open in Informed Citizenry