Relating to late applications for the appraisal of land for ad valorem tax purposes as qualified timber land following the death of the owner of the land.

SB 1412 allows surviving spouses, children, or estate representatives to file late applications for land to be appraised as qualified timber land after an owner's death. This applies only if the land was previously appraised as timber land and the owner died during the prior tax year, with applications due by the tax delinquency date. The bill eliminates the standard 10% penalty for late applications under these specific circumstances. It takes effect January 1, 2026, applying only to filings on or after that date.