HB9 — Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income.

HB9 — Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income. · Informed CitizenryThe bill amends the Tax Code to provide an exemption from ad valorem taxation on tangible personal property held or used for the production of income. Specifically, Section 11.145 is amended to all…Open in Informed Citizenry