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Texas Constitution:Article VIII, Section 1-n: Difference between revisions
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Texas Constitution:Article VIII, Section 1-n (view source)
Revision as of 14:45, June 6, 2024
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'''(b) For purposes of this section: (1) tangible personal property includes aircraft and aircraft parts; (2) property imported into this state includes property brought into this state; (3) property forwarded to another location in this state or outside this state includes property transported to another location in this state or outside this state or to be affixed to an aircraft to be transported to another location in this state or outside this state; and (4) property detained at a location in this state for assembling, storing, manufacturing, processing, or fabricating purposes includes property, aircraft, or aircraft parts brought into this state or acquired in this state and used by the person who acquired the property, aircraft, or aircraft parts in this state or who brought the property, aircraft, or aircraft parts into this state for the purpose of repair or maintenance of aircraft operated by a certificated air carrier.''' | '''(b) For purposes of this section: (1) tangible personal property includes aircraft and aircraft parts; (2) property imported into this state includes property brought into this state; (3) property forwarded to another location in this state or outside this state includes property transported to another location in this state or outside this state or to be affixed to an aircraft to be transported to another location in this state or outside this state; and (4) property detained at a location in this state for assembling, storing, manufacturing, processing, or fabricating purposes includes property, aircraft, or aircraft parts brought into this state or acquired in this state and used by the person who acquired the property, aircraft, or aircraft parts in this state or who brought the property, aircraft, or aircraft parts into this state for the purpose of repair or maintenance of aircraft operated by a certificated air carrier.''' | ||
'''(c) A property owner who is eligible to receive the exemption authorized by Section [[Texas Constitution:Article VIII, Section 1-j|1-j]] of this | '''(c) A property owner who is eligible to receive the exemption authorized by Section [[Texas Constitution:Article VIII, Section 1-j|1-j]] of this Article may apply for the exemption authorized by the legislature under this section in the manner provided by general law, subject to the provisions of Subsection (d) of this section. A property owner who receives the exemption authorized by the legislature under this section is not entitled to receive the exemption authorized by Section [[Texas Constitution:Article VIII, Section 1-j|1-j]] of this Article for the same property.''' | ||
'''(d) The governing body of a political subdivision that imposes ad valorem taxes may provide for the taxation of property exempt under a law adopted under Subsection (a) of this section and not exempt from ad valorem taxation by any other law. Before acting to tax the exempt property, the governing body of the political subdivision must conduct a public hearing at which members of the public are permitted to speak for or against the taxation of the property.''' | '''(d) The governing body of a political subdivision that imposes ad valorem taxes may provide for the taxation of property exempt under a law adopted under Subsection (a) of this section and not exempt from ad valorem taxation by any other law. Before acting to tax the exempt property, the governing body of the political subdivision must conduct a public hearing at which members of the public are permitted to speak for or against the taxation of the property.''' | ||