TexasHB 2289th Legislature Regular SessionHouseWALLET

Relating to the exemption from ad valorem taxation of intangible personal property.

Sponsored By: Giovanni Capriglione, Adam Hinojosa (Republican), Trey Martinez Fischer, Morgan Meyer, Candy Noble, Chris Turner

Signed by Governor

Property Interests--Personal PropertyTaxation--Property-Appraisals & Appraisal DistrictsTaxation--Property-Exemptions

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Texas exempts intangible assets from property tax

For tax years starting on or after January 1, 2026, Texas exempts intangible personal property from property tax. Owners no longer owe this tax on those assets, and prior exceptions and related appraisal and allocation rules are removed. The Texas Comptroller is the opposing party when owners appeal its protest decisions about transportation business intangibles. These disputes cover appraisals, value allocated between states, and value divided within Texas. The Comptroller also opposes county or owner appeals of its decisions dividing railroad rolling stock values among counties.

Sponsors & Cosponsors

Sponsors

  • Giovanni Capriglione

    House

  • Adam Hinojosa

    Republican • Senate

  • Trey Martinez Fischer

    House

  • Morgan Meyer

    House

  • Candy Noble

    House

  • Chris Turner

    House

Cosponsors

  • Greg Bonnen

    House

  • Angie Chen Button

    House

  • Briscoe Cain

    House

  • Mano DeAyala

    House

  • Stan Gerdes

    House

  • Cody Harris

    House

  • Richard Hayes

    House

  • Janie Lopez

    House

  • Ray Lopez

    House

  • Will Metcalf

    House

  • Matt Morgan

    House

  • Sergio Muñoz Jr.

    House

  • Angelia Orr

    House

  • Shelby Slawson

    House

  • David Spiller

    House

  • Steve Toth

    House

  • Cody Vasut

    House

Roll Call Votes

All Roll Calls

Yes: 272 • No: 21

Senate vote • 5/9/2025

Record vote

Yes: 0 • No: 0

Senate vote • 5/9/2025

Record vote

Yes: 0 • No: 0

House vote • 4/3/2025

Record vote

Yes: 133 • No: 10

House vote • 4/2/2025

Record vote

Yes: 133 • No: 11

Senate vote • Unknown

Committee vote: Local Government

Yes: 6 • No: 0

Bill Text

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