Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 399 amends the Texas Tax Code to create an exemption from ad valorem taxation for income-producing tangible personal property owned by small businesses. The exemption applies for the first three years following the incorporation of the business under the Texas Business Organizations Code. This measure is contingent upon the approval of a constitutional amendment by voters. The law takes effect on January 1, 2026, for applicable tax years.
Author (1)
Diego Bernal
Contact the Author
Rep. Diego Bernal
Capitol Phone:
(512) 463-0532
Capitol Office:
CAP 4N.6
E-Mail:
