Letter Opinion No. Tax Code 23.46, .55.
Interest is charged as well.
Tax Code 23.55. At the point of sale, the land has not been diverted from agricultural use. The lenders and title companies want to collect the rollback tax as if the change of use took place at sale and pay it in closing the sale. The chief appraiser is the chief administrator of the appraisal office of the appraisal district established in each county. Tax Code 6.01, .05.