New “Circuit Breaker” Value Limitation for 2024

P&A is committed to the uniform and accurate appraisal of oil and gas mineral interests, including the proper application of the new “circuit breaker” law that limits large increases in taxable value from the previous year under certain circumstances.  For more detail, please see this circuit breaker discussion as it applies to mineral interests.  Please feel free to contact any of our mineral interest appraisers if you have any questions.  We’re here to serve!