Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
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