GNB, Inc. v. Collin County Appraisal District

Recently in H.L. Farm Corp. v. Self, 1994 WL 178885 (Tex.1994), we held that Texas Tax Code § 23.56(3) violates article I, section 3 of the Texas Constitution. Section 23.56(3) provides that land is ineligible for appraisal as open-space land if it—

is owned by a corporation, partnership, trust, or other legal entity if the entity is required by federal law or by rule adopted pursuant to federal law to register its ownership or acquisition of that land and a nonresident alien or foreign government or any combination of nonresident aliens and foreign governments own a majority interest in the…