An Act to promote urban agriculture and horticulture

This bill (HD 2562) creates a property tax exemption for small urban farms in qualifying cities and towns. It exempts up to 100% of the assessed value of real estate used for agriculture or horticulture, provided the land is under 2 acres, the farm generated at least $500 in annual sales, and the property is used primarily for farming. Cities or towns with 50,000+ residents or designated as "gateway municipalities" must choose to adopt the exemption, and they can set the exemption percentage and decide if rooftop/container farms qualify. The exemption applies only to the agricultural portion of the property, not the entire parcel.