HB4389 — Relating to the adjustment of the amount of the exemption from ad valorem taxation of income-producing tangible personal property having a value of less than a certain amount to reflect inflation.

HB4389 — Relating to the adjustment of the amount of the exemption from ad valorem taxation of income-producing tangible personal property having a value of less than a certain amount to reflect inflation. · Informed CitizenryThe bill amends the Tax Code to address an exemption from ad valorem taxation for income-producing tangible personal property with a value of less than a certain amount. Section 11.145 is amended a…Open in Informed Citizenry