Texas HB9: Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income.

What the bill says

An act relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income.

From the enrolled text, May 20, 2025:

AN ACT relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 11.145, Tax Code, is amended to read as follows: Sec. 11.145. INCOME-PRODUCING TANGIBLE PERSONAL PROPERTY [[DELETED: HAVING VALUE OF LESS THAN $2,500]]. (a)[ADDED: In this section:] [ADDED: (1)][ADDED: ][ADDED: ][ADDED: "Related business entity" means a business entity ] [ADDED: that:] [ADDED: (A)][ADDED: ][ADDED: ][ADDED: engages in a common business enterprise with ] [ and] [ADDED: (B) owns tangible personal property that:] [ADDED: (i)][ADDED: ][ADDED: ][ADDED: is held or used for the production of ] [ and] [ADDED: (ii)][ADDED: ][ADDED: ][ADDED: is located at the same physical ] [ADDED: address that tangible personal property owned by at least one other ] [ADDED: business entity engaged in the common business enterprise is ] [ADDED: located.] [ADDED: (2)][ADDED: ][ADDED: ][ADDED: "Unified business enterprise" means a common ] [ADDED: business enterprise composed of more than one related business ] [ADDED: entity.] [ADDED: (b)][ADDED: ][ADDED: ][ADDED: Subject to Subsection (f) and except as provided by ] [ADDED: Subsection (d), a][[DELETED: A]] person is entitled to an exemption from taxation[ADDED: by a taxing unit]of[ADDED: $125,000 of]the[ADDED: appraised value of the] tangible …

Sponsors

• Morgan Meyer (R, HD-108) · primary sponsor
• Greg Bonnen (R, HD-024)
• Hillary Hickland (R, HD-055)
• Trey Martinez Fischer (D, HD-116)
• Diego Bernal (D, HD-123)
• Daniel Alders (R, HD-006)
• Trent Ashby (R, HD-057)
• Jeff Barry (R, HD-029)
• Cecil Bell (R, HD-003)
• Keith Bell (R, HD-004)
• Brad Buckley (R, HD-054)
• Ben Bumgarner (R, HD-063)

Latest actions

1. June 12, 2025: See remarks for effective date
2. June 12, 2025: Signed by the Governor
3. May 22, 2025: Sent to the Governor
4. May 21, 2025: Signed in the Senate
5. May 21, 2025: Signed in the House
6. May 20, 2025: Reported enrolled
7. May 20, 2025: House concurs in Senate amendment(s)-reported
8. May 19, 2025: Text of Senate Amendment(s)
9. May 19, 2025: Statement(s) of vote recorded in Journal
10. May 19, 2025: Record vote (RV#2999)

Votes

• Ways & Means Committee Vote (Out of committee): 12 yea, 0 nay, passed
• Local Government Committee Vote (Out of committee): 7 yea, 0 nay, passed
• Record vote RV#3674 (May 19, 2025): 104 yea, 35 nay, passed
• Record vote RV#2999 (May 19, 2025): 110 yea, 15 nay, passed
• Rules suspended-Three day rule (May 14, 2025): 31 yea, 0 nay, passed
• Read 3rd time (May 14, 2025): 31 yea, 0 nay, passed

Common questions

What is HB9?

HB9 is a bill in the Texas Legislature (89th Legislature Regular Session): Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income.

What does HB9 do?

In its own words: An act relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income.

What is the status of HB9?

Signed into law as of June 12, 2025. Latest action: See remarks for effective date (June 12, 2025).

Who sponsored HB9?

Morgan Meyer (R, HD-108), with 11 co-sponsors.

Where is the official record for HB9?

On the Texas Legislature website: https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB00009