Bill > HB3370

This bill modifies the Texas Tax Code to allow late applications for timber land tax appraisal in specific circumstances following a landowner's death. Under the new provision, the chief appraiser must accept and review a late application if the land was already appraised as timber land in the previous tax year, the ownership changed due to the owner's death, and the application is filed by a specific group of individuals (including the surviving spouse, children, estate executor, or a fiduciary acting on behalf of the surviving spouse or children) by the tax delinquency date. Previously, late applications would incur a 10% penalty based on the difference between the current tax amount and the market value tax rate. However, this bill waives that penalty for late applications meeting the newly defined conditions. The changes will apply to applications filed with the chief appraiser on or after January 1, 2026, providing relief for families dealing with property transfer after a landowner's death.

Budget and Finance, Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3370