H.B. No. 3370 amends the Texas Tax Code to allow for late applications for the appraisal of land as qualified timber land following the death of the landowner. The bill introduces a new provision that permits the chief appraiser to accept and approve applications submitted after the deadline if certain conditions are met. These conditions include that the land was appraised under the relevant subchapter in the previous tax year, the ownership changed due to the death of the owner, and the application is filed by the surviving spouse, child, executor, administrator, or fiduciary by the delinquency date for taxes on the land.

Additionally, the bill specifies that if a late application is approved under this new provision, the owner will not be subject to the usual 10 percent penalty on the difference between the tax imposed and the market value tax. This penalty exemption is explicitly stated for applications filed under the new subsection. The changes will take effect on January 1, 2026, and apply only to applications submitted after this date.

Statutes affected:
Introduced: Tax Code 23.751 (Tax Code 23)
House Committee Report: Tax Code 23.751 (Tax Code 23)
Engrossed: Tax Code 23.751 (Tax Code 23)
Senate Committee Report: Tax Code 23.751 (Tax Code 23)
Enrolled: Tax Code 23.751 (Tax Code 23)