HB350 — Relating to an exemption from ad valorem taxation of income-producing tangible personal property owned by certain small businesses.

HB350 — Relating to an exemption from ad valorem taxation of income-producing tangible personal property owned by certain small businesses. · Informed CitizenryHB 350 proposes to amend the Tax Code to provide an exemption from ad valorem taxation for income-producing tangible personal property owned by small businesses that employ 500 or fewer employees.…Open in Informed Citizenry