Texas HB3370 allows late appraisal applications for qualified timber land following the owner's death.

Texas HB3370 amends the Tax Code to allow the chief appraiser to accept and process late applications for the appraisal of land as qualified timber land following the owner's death. This applies to applications filed by the surviving spouse, surviving child, executor, administrator, or fiduciary of the decedent. If the appraisal is approved despite being late, the owner is exempt from a 10 percent penalty on the tax difference. This change applies to applications filed on or after the Act's effective date of January 1, 2026.

Texas HB3370 allows late appraisal applications for qualified timber land following the owner's death.

Texas HB3370 amends the Tax Code to allow the chief appraiser to accept and process late applications for the appraisal of land as qualified timber land following the owner's death. This applies to applications filed by the surviving spouse, surviving child, executor, administrator, or fiduciary of the decedent. If the appraisal is approved despite being late, the owner is exempt from a 10 percent penalty on the tax difference. This change applies to applications filed on or after the Act's effective date of January 1, 2026.