HB 4389

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 4389 adjusts the ad valorem tax exemption for income-producing tangible personal property to account for inflation. It initially sets the exemption threshold at $2,500 for the 2026 tax year and requires the Texas Comptroller to adjust this threshold annually based on inflation.
Author (1)
Hubert Vo
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