Bill > HB110

This bill modifies the definitions of "farm products" and "in the hands of the producer" for the purpose of ad valorem (property) tax exemptions for agricultural producers. The bill expands the definition of "farm products" by referencing the Business & Commerce Code and explicitly including poultry, eggs, and timber (including standing timber). For non-timber farm products, "in the hands of the producer" now means owned by the person who is using or financially providing for the physical requirements of those products on January 1 of the tax year. For timber, it means standing timber or harvested timber located on the original property and owned by the same person who owned it when it was standing on January 1 of the tax year. The bill will only take effect on January 1, 2027, and is contingent upon voter approval of a related constitutional amendment during the 89th Legislature's 1st Called Session in 2025. If the constitutional amendment is not approved by voters, the bill will have no effect.

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=891&Bill=HB110