This bill modifies provisions related to property taxes and fees imposed when land is no longer used for agricultural purposes.
This bill:
- authorizes the county to use 100% of the rollback tax or fee-in-lieu revenue collected within the county when land is no longer used for agricultural purposes for open land and agricultural use;
- directs the unused rollback tax or fee-in-lieu revenue from the county where the land is located to the LeRay McAllister Working Farm and Ranch Fund after five years;
- updates the sources of revenue to the LeRay McAllister Working Farm and Ranch Fund to include the rollback tax and fee-in-lieu revenue; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 4-46-301, 59-2-506, 59-2-511, 59-2-1705, 59-2-1710
Amended 2/13/2025 09:02:927: 4-46-301, 17-41-601, 17-41-602, 59-2-506, 59-2-511, 59-2-1705, 59-2-1710
Substitute #1: 4-46-301, 17-41-601, 17-41-602, 59-2-506, 59-2-511, 59-2-1705, 59-2-1710