Bill
SJR 81
Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation a portion of the market value of tangible personal property a person owns that is held or used for the production of income.
89th Legislature (2025)
Introduced by Paul Bettencourt and 1 co-sponsor
Amends the constitution to authorize the legislature to exempt a portion of the market value of tangible personal property used to produce income from ad valorem taxes.
Referred to Ways & Means
#business&commerce--general(i0050)
#propertyinterests--personalproperty(i0600)
#resolutions--constitutionalamendments(i0661)
#taxation--property-appraisals&appraisaldistricts(i0792)
#taxation--property-exemptions(i0793)