Bill > SB1412

This bill modifies Texas Tax Code provisions related to late applications for timber land appraisal following the death of a landowner. Specifically, the bill allows the chief appraiser to accept and process a late application for timber land tax appraisal under certain conditions: the land must have been appraised as timber land in the previous tax year, the ownership must have changed due to the owner's death, and the application must be filed by the delinquency date by either the surviving spouse, a surviving child, the estate's executor/administrator, or a fiduciary acting on behalf of the surviving spouse or child. Currently, late applications for special land appraisal typically incur a 10% tax penalty, but this bill waives that penalty for late applications meeting the specified conditions related to ownership transfer after a landowner's death. The changes will apply to applications filed with the chief appraiser on or after the bill's effective date of January 1, 2026, providing a more flexible process for families dealing with property transfers after a landowner's death.

Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB1412