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Bill

Bill

HB 22

Relating to the exemption from ad valorem taxation of intangible personal property.

89th Legislature (2025) Introduced by Greg Bonnen and 22 co-sponsors

HB 22 exempts intangible personal property from Texas ad valorem taxation effective January 1, 2026, eliminating tax obligations on stocks, bonds, and intellectual property while reducing local government revenue.

Effective on 1/1/26
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