Bill
HB 3424
Relating to the ad valorem taxation of certain dealer's heavy equipment inventory.
89th Legislature (2025)
Introduced by Paul Bettencourt and 1 co-sponsor
HB 3424 modifies ad valorem tax assessment on heavy equipment dealer inventory in Texas, effective January 1, 2026, potentially reducing tax obligations for affected businesses.
Effective on 1/1/26
#comptrollerofpublicaccounts(v2608)
#construction&heavyequipment(s0351)
#countytaxassessor-collectors(s0310)
#taxation--property-appraisals&appraisaldistricts(i0792)
#taxation--property-assessment&collection(i0798)