The $5 Young Farmer assessment fee found on vehicle registration assists Texas by investing in the future of agriculture. Programs funded by the Texas Agricultural Fund are designed to assist farmers and ranchers through various types of financial assistance.

The fee was written into the statute (law passed by Texas Legislature) back in 1992 and can only be changed by the Texas Legislature. Per the Transportation Code Section 502.174.  VOLUNTARY ASSESSMENT FOR YOUNG FARMER LOAN GUARANTEES.  (a)  When a person registers a commercial motor vehicle under Section 502.433 (section discusses farm tag registration), the person shall pay a voluntary assessment of $5.

Tax Assessor-Collector Role

The $5.00 assessment per tag will be collected on motor vehicles registered with Farm Truck and Farm Tractor license plates.

Funds collected are to be remitted monthly to the Authority for credit to the Program Account within the State Treasury on or before the 15th day of the month following the reporting period.