HB 207 Summary

• Allows participation in water retention programs sponsored by water management districts to qualify as a nonincome-producing use for agricultural land assessment purposes, expiring December 31, 2020.

• Establishes "qualified agricultural producer" designation requiring application to Department of Revenue, which must issue exemption certificates and wallet-sized cards; department may charge annual fees of $15-$25 and establish oversight procedures.

• Exempts qualified agricultural producers from sales and use tax on diesel fuel, farm equipment, irrigation equipment, repairs, replacement parts, feeds for livestock and poultry, nets, gases/electricity for agricultural purposes, and growth/performance enhancers for cattle.

• Removes requirement for exclusive use certificates on most agricultural exemptions; requires certificates only for home vegetable gardens and certain items in agricultural use.

• Defines qualified agricultural producers as entities producing at least $2,500 in annual agricultural commodities or services, owning agricultural property, or producing long-term commodities with projected $2,500 annual sales; effective July 1, 2014.