Bill
HB 9
Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income.
89th Legislature (2025)
Introduced by Daniel Alders and 86 co-sponsors
Texas law exempts portion of business tangible personal property from property taxation to reduce costs for income-producing operations and encourage capital investment.
See remarks for effective date
#business&commerce--general(i0050)
#countytaxassessor-collectors(s0310)
#citygovernment--employees/officers(i0061)
#countygovernment--employees/officers(i0095)
#propertyinterests--personalproperty(i0600)
#taxation--property-appraisals&appraisaldistricts(i0792)
#taxation--property-exemptions(i0793)
#taxation--property-taxrate(i0794)
#taxation--schooldistrict(i0785)