States / Texas / SB 32

SB 32 Passed First Chamber

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 and a franchise tax credit for the payment of certain related ad valorem taxes.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

No summary has been published for this bill. The full text is on the Bill text tab.

Chamber
Senate
Introduced
Mar 14, 2025
Last action
Apr 22, 2025 — Referred to Ways & Means
Session
89R
Momentum
78 · High