HB 7011

Abstract

Amends the Property Tax Code with respect to the valuation of open space land. Provides that, in determining the historic nature of land for which an application has been submitted for special valuation as open space land because it preserves historic sites, the chief county assessment officer may consider the land's inclusion in or consistency with a federal, State, regional, or local government policy or plan for the preservation of historic sites. Provides that a parcel of land is not considered used for open space purposes if the outside boundaries of the parcel completely enclose a separate parcel used for residential or commercial purposes.