HB5442 — Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property a person owns that is held or used for the production of income.

HB5442 — Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property a person owns that is held or used for the production of income. · Informed CitizenryThis bill amends Section 11.145 of the Tax Code to provide an exemption from ad valorem taxation for $100,000 of the appraised value of tangible personal property owned by a person and held or used…Open in Informed Citizenry