Category Archives: Tax Issues

Transferring the Over-65 or Disabled Property Tax Exemption

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Dr. Blake Bennett and I co-authored a fact sheet on an important, but not widely known, concept related to property taxes. Most people are familiar with the over-65 exemption and the disabled exemption for property taxes, which allows for an additional $10,000 homestead exemption for school district taxes.  Additionally, the over-65 exemption and the disabled exemption freeze the value of the homestead for school tax purposes a the dollar value when the person initially claimed this additional exemption on their homestead.   The market value can continue to increase… Read More →

January 27, 2023 Weekly Round Up

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The year started out with a bang and has not slowed down yet!  Here are some of the ag law stories in the news over the past couple of weeks. *USFWS extends effective date for lesser prairie chicken listing.  The USFWS is delaying the effective date of the lesser prairie chicken listing for 60 days until March 27, 2023.  [Read article here.] *APHIS proposes electronic identification rule for certain cattle crossing state lines.  The USDA Animal and Plant Health Inspection Service (APHIS) has issued a proposed rule that would… Read More →

December 2, 2022 Weekly Round Up

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Happy December! We are back with a number of updates for you with regard to agricultural law news around the country. *Lesser prairie chicken listed under Endangered Species Act.  On November 17, the US Fish and Wildlife Service issued a press release that it will be listing the lesser prairie chicken as threatened in the northern distinct population segment (including areas in southeastern Colorado, southcentral and western Kansas, western Oklahoma, and the northeastern Texas Panhandle.) and endangered in the southern distinct population segment (including areas in eastern New… Read More →

IRS Announces 2023 Estate & Gift Tax Exemption Amounts

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Recently, the IRS announced the 2023 estate and gift tax exemption amounts.  These amounts change slightly each year, and are an important consideration in a person’s estate planning process. As we have previously discussed the IRS sets a certain amount that a person is allowed to give during their lifetime or at death without estate or gift tax liability.  [Read prior blog posts here and here.]  The IRS adjusts the amount each year.  For 2023, the exemption amount will be $12.92 million per person, up from $12.06 million… Read More →

August 5, 2022 Weekly Round Up

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Happy Friday and Happy August!  We’re back with another Ag Law Weekly Round Up. Earlier this week, I was able to travel to California with my kids and my aunt to accept the Distinguished Extension Program Award (less than 10 years) from the Agricultural and Applied Economics Association.  I am so honored to have received this award, and my children were quite excited to swim in the Pacific Ocean and visit Disneyland. With that, here are some of the ag law stories in the news this week. *US… Read More →

April 29, 2022 Weekly Round Up

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It is hard to believe we have reached the end of April, but here we are!  Lots of agricultural law news happening around the country. *Article highlights nuance with 10% cap on residence homestead tax.  My colleague, Dr. Blake Bennett, recently published a fact sheet looking at a nuance within the Texas Property Code related to the 10% cap on the yearly increase for residence homestead taxes in Texas.  The Texas Property Code places a 10% limitation on the amount a County Appraisal District may increase the appraised… Read More →

April 15, 2022 Weekly Round Up

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It has been another busy couple of weeks in the agricultural law world.  Here are some of the stories in the news. *Important property tax deadlines approaching for Texas landowners.  Don’t forget there are important property tax deadlines this month for many Texas landowners receiving open space tax valuation. This includes filing an application for ag use, open space, or wildlife management valuation, changing land from open space to wildlife management use, and any new purchasers of land who intend to continue receiving open space valuation. [Read more here.]… Read More →

April 1, 2022 Weekly Round Up

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Happy April! We’ve got lots of happenings in the agricultural law world today. *US Supreme Court will hear case challenging constitutionality of California’s Proposition 12. The United States Supreme Court has granted the Petition for Certiorari in National Pork Producers Council v. Ross, a case challenging the animal confinement provisions and corresponding product sales limitations imposed on pork producers. Lower courts dismissed the challenge brought by the National Pork Producers Council and American Farm Bureau Federation claiming that the law runs afoul of the Constitution. [Read article here.]… Read More →

December 17, 2021 Weekly Round Up

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Here we are with our final Weekly Round Up of 2021!   It has been quite the year. We will have our annual nationwide and Texas-specific year-in-review blog posts coming up over the next couple of weeks, and we recently released an Ag Law in the Field Podcast episode recapping the year from an ag law perspective here. Here are some recent news stories that may be of interest. *EPA considering modifications to dicamba approval, but offers no timeline.  A senior regulatory specialist with EPA stated that “the agency… Read More →

September 24, 2021 Weekly Round Up

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>Hello and Happy Friday!  We’re back with an Ag Law Weekly Round Up to catch you up on some of the ag law stories over the past month. *EPA Administrator discusses dicamba, WOTUS, and ag advisor.  Recently, EPA Administrator, Michael Regan, spoke at the NASDA national meeting.  He indicated that the EPA is currently working on a new version of the “waters of the United States” definition pursuant to the Clean Water Act, and he expects for the initial proposed draft to be released in November.  He did… Read More →