2026 Amendment 2

EXEMPTION OF TANGIBLE PERSONAL PROPERTY   

2025 HB 1215 BILL   Danny Alvarez- Why I Filed This Bill(by Representative Alvarez, D.): Farmers are the lifeblood of our State and removing barriers to their survival and therefore our own is essential to making sure we have a safe and secure food supply. The Tangible Personal Property tax literally handicaps a struggling sector of our society that we so desperately rely on. Getting rid of it allows Farmers and Ranchers the chance to reinvest their money in themselves in order to insurer we all have a better tomorrow.  Senate Bill 318   Analysis     PASSED UNANIMOUSLY IN THE HOUSE & SENATE 2025. SIGNED BY THE SEC OF STATE.