What is ag exemption?
It is not really an exemption but rather a special use valuation for a tract of land. If a landowner makes certain uses of their land such as hay production, livestock, managing wildlife or leasing for hunting, they may apply to have their land taxed at its agricultural productivity value rather than its market value. Qualified uses include pasture land, mixed timber, native pasture, hunting lease and wildlife management. Minimum acreage requirements for the various uses range from 3 acres for goats and sheep to 20 acres minimum for cattle. The net effect to a landowner engaging their land in one of the qualified agricultural uses would be a substantial reduction in their property tax bill.
