This bill amends section 77-1359 of the Revised Statutes Cumulative Supplement, 2024, to redefine the classifications of agricultural land and horticultural land for assessment purposes. The bill establishes that these types of land will be treated as a distinct class of real property, with assessed values that are uniform and proportionate within this class, rather than in comparison to all other real property. The definition of agricultural and horticultural land is updated to exclude land associated with buildings or structures and to clarify that it does not include land used for non-agricultural commercial purposes, such as solar or wind farms.

Additionally, the bill introduces new definitions for agricultural or horticultural purposes, farm home sites, and farm sites, providing a clearer framework for what constitutes these categories. It specifies that agricultural or horticultural purposes include land used for the commercial production of plant or animal products, as well as land protected under conservation easements or enrolled in federal or state programs. The original section 77-1359 is repealed, indicating a complete overhaul of the previous definitions and classifications.

Statutes affected:
Introduced: 77-1359