Chapter 115, (2026 Laws): Effective date January 1, 2027.
Summary
HB 4130 rewrites the state’s farm‑use statute to include activities such as equine training, aquaculture, on‑site processing, biofuel production and land remediation, and it clarifies which parcels qualify for farm‑use tax rates. The changes affect landowners, farmers and county assessors by potentially allowing more properties to be taxed at the lower farm‑use value. This matters because it can reduce property taxes for a wider range of agricultural operations.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
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