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Assessment for ad valorem tax purposes of
agricultural and horticultural land.
Notwithstanding contrary provisions of
Sections 171, 172, or 174 of this Constitution -- The General Assembly shall provide by
general law for the assessment for ad valorem tax purposes of agricultural
and horticultural land according to the land's value for agricultural or
horticultural use. The General Assembly may provide that any change in land
use from agricultural or horticultural to another use shall require the levy
of an additional tax not to exceed the additional amount that would have been
owing had the land been assessed under Section 172 of this Constitution for
the current year and the two next preceding years. The General Assembly may provide for
reasonable differences in the rate of ad valorem taxation within different
areas of the same taxing districts on that class of property which includes
the surface of the land. Those differences shall relate directly to
differences between nonrevenue-producing governmental services and benefits
giving land urban character which are furnished in one or several areas in
contrast to other areas of the taxing district. Text as Ratified on: |