Agricultural Tax Deduction for Bee Farmers
HOW TO GET QUALIFIED FOR AN AG VALUATION IN TEXAS
Landowners can often qualify through beekeeping
If you own 5 to 20 acres of land you could be saving hundreds if not thousands in property taxes every year. You could qualify for an Ag Exemption (or valuation) that will save you money each year, with bees!
An Agriculture Exemption is not actually an Exemption but rather a Special Valuation. If a portion or all of a property is deemed eligible to receive an Agricultural Valuation, that property will receive a Production Value along with its Market Value.
Interested? We'll help you determine what will need to be established to get you qualified and we can even manage your livestock for you. We will sell or lease the beehives and established colonies and manage your livestock to keep you in compliance with all regulations.
Get Qualified and Leave the Beekeeping to us by Leasing Our Bees!
Texas law, effective January 1, 2012, made it possible for beekeeping to qualify for an Agricultural Valuation (commonly called "ag exemption" - see below) on property taxes. This is covered in the Tax Code under Chapter 23, Subchapter D, Sect. 23.51 (1) and (2).
There are several key phrases and requirements to this law. Sect. 23.51 (1) covers the definition of "qualified open-space land". Specifics state land that has an established agricultural use history for five of the preceding seven years. Record keeping is critical. Registration and permitting with Texas Apiary Inspection Service (TAIS) helps establish this history
The tax savings that a property receives depends on the current Market Value of the property and what type of Ag Valuation you are requesting. Each local appraisal district sets their own standards as the accepted degree of intensity. Most appraisal districts use a minimum of six colonies (beehives) as a standard. That is the accepted definition of an apiary from Texas bee law under the Agriculture Code, Title 6, subtitle A, Chapter 131, Sect. 131.001 (2)..Wording