This bill amends section 77-1359 of the Revised Statutes Cumulative Supplement, 2024, to redefine agricultural land and horticultural land for assessment purposes. The new language clarifies that agricultural and horticultural land is a distinct class of real property, with assessed values that are uniform within this class but not necessarily proportionate to other real property. The definition of agricultural and horticultural land is updated to exclude land associated with buildings or structures, and it specifies that such land must be primarily used for agricultural or horticultural purposes.

Additionally, the bill introduces new definitions for terms such as "agricultural or horticultural purposes," which includes the commercial production of plant or animal products, and outlines specific uses of land that qualify under this definition. It also defines "farm home site" and "farm site," providing clarity on what constitutes these terms in relation to agricultural land. The original section 77-1359 is repealed, indicating a complete overhaul of the previous definitions and criteria.

Statutes affected:
Introduced: 77-1359