Real Property - As enacted, increases from 1,500 to 3,000, for tax years beginning on or after January 1, 2025, the amount of acreage of land permitted to be placed within any one taxing jurisdiction under the Agricultural, Forest and Open Space Land Act. - Amends TCA Title 67, Chapter 5.

This bill increases the amount of land eligible for special property tax treatment under Tennessee's Agricultural, Forest and Open Space Land Act. Specifically, it raises the acreage limit from 1,500 to 5,000 acres for a single parcel within one taxing jurisdiction. The change applies to tax years starting on or after January 1, 2025, and directly affects landowners who wish to qualify their properties for reduced tax rates. By amending the state code, the legislation allows larger farms, forests, and open spaces to maintain their tax status without needing to split the land into multiple smaller parcels.