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S05504 Summary:
| BILL NO | S05504 |
| SAME AS | No Same As |
| SPONSOR | PARKER |
| COSPNSR | |
| MLTSPNSR | |
| Amd §§301, 305 & 306, Ag & Mkts L | |
| Provides that property receiving an agricultural assessment which is converted for purposes of oil or gas exploration shall be subject to payments equaling five times the taxes saved in the last year in which the land benefited from an agricultural assessment; exempts property converted for solar development from such payments. | |