House Bill 1696 amends the eligibility criteria for classifying agricultural land in Tennessee. The bill modifies Tennessee Code Annotated, Section 67-5-1004(1)(B) by deleting the existing subdivision and replacing it with new language that outlines specific minimum size requirements for property to qualify as agricultural land. The new criteria include: a single tract of at least fifteen acres, two noncontiguous tracts within the same county where one is at least fifteen acres and the other is less than fifteen acres, or two noncontiguous tracts within the same county that together total at least fifteen acres.
This legislation aims to clarify and potentially expand the definition of agricultural land, which may impact landowners and agricultural operations in Tennessee. The act is set to take effect on July 1, 2024, emphasizing the importance of the public welfare in its implementation.
Statutes affected: Introduced: 67-5-1004(1)(B), 67-5-1004