Bill Text: TX HB1399 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to an exemption from ad valorem taxation of tangible personal property consisting of animal feed held by the owner of the property for sale at retail.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2024-11-19 - Filed [HB1399 Detail]
Download: Texas-2025-HB1399-Introduced.html
| 89R1622 LHC-D | ||
| By: Harris | H.B. No. 1399 | |
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| relating to an exemption from ad valorem taxation of tangible | ||
| personal property consisting of animal feed held by the owner of the | ||
| property for sale at retail. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter B, Chapter 11, Tax Code, is amended by | ||
| adding Section 11.162 to read as follows: | ||
| Sec. 11.162. ANIMAL FEED HELD FOR SALE AT RETAIL. The owner | ||
| of tangible personal property consisting of animal feed exempted | ||
| from sales and use taxes under Section 151.316(a)(3) or (4) is | ||
| entitled to an exemption from ad valorem taxation of the appraised | ||
| value of the tangible personal property if the property is held by | ||
| the owner for sale at retail. | ||
| SECTION 2. This Act applies only to ad valorem taxes imposed | ||
| for a tax year beginning on or after the effective date of this Act. | ||
| SECTION 3. This Act takes effect January 1, 2026, but only | ||
| if the constitutional amendment proposed by the 89th Legislature, | ||
| Regular Session, 2025, authorizing the legislature to exempt from | ||
| ad valorem taxation tangible personal property consisting of animal | ||
| feed held by the owner of the property for sale at retail is | ||
| approved by the voters. If that amendment is not approved by the | ||
| voters, this Act has no effect. | ||
