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TX HB2931
Bill
Status
2/18/2025
Primary Sponsor
Stan Lambert
Click for details
AI Summary
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Agricultural and timber tax exemption registration numbers issued to or held by persons 65 years of age or older will no longer expire and will not require renewal
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The exception does not apply to registration numbers that expired before the effective date and were not renewed
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Tax liability that accrued before the effective date remains unaffected, with former law continuing to apply for collection and enforcement of those taxes
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Amends Section 151.1551 of the Tax Code by adding Subsection (f-1)
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Takes effect January 1, 2026
Legislative Description
Relating to an exception to the renewal requirement for agricultural and timber tax exemption registration numbers issued to or held by persons who are at least 65 years of age.
Taxation
Last Action
Referred to Ways & Means
3/19/2025