SB1771 — Relating to the ad valorem taxation of a leasehold or other possessory interest in certain property owned by a municipality.

SB1771 — Relating to the ad valorem taxation of a leasehold or other possessory interest in certain property owned by a municipality. · Informed CitizenrySB 1771 amends the Tax Code to modify the rules regarding the ad valorem taxation of leasehold or other possessory interests in certain properties owned by municipalities. Specifically, it provides…Open in Informed Citizenry