SB411 — Relating to the appraisal for ad valorem tax purposes of tangible personal property held for sale at retail.

SB411 — Relating to the appraisal for ad valorem tax purposes of tangible personal property held for sale at retail. · Informed CitizenrySB 411 amends the Tax Code to establish rules for the appraisal of tangible personal property held for sale at retail. It defines 'retail inventory' as tangible personal property held for sale by a…Open in Informed Citizenry