Ad valorem tax; exempt portion of true value of certain land.

Summary

The bill would let owners of eligible natural parcels – such as wetlands, creeks, ponds, ditches and tree‑covered areas – avoid ad valorem tax on the amount by which a non‑agricultural valuation exceeds what the land would be worth if valued as agricultural land. It aims to lower property taxes for owners of land used primarily for natural or conservation purposes.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share