Bill Text: TX HB22 | 2025-2026 | 89th Legislature | Enrolled

---

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

Sponsorship: Moderate Partisan Bill (Republican 19-4)

Status: (Passed) 2025-05-24 - Effective on 1/1/26 [HB22 Detail]

Download: Texas-2025-HB22-Enrolled.html

---

H.B. No. 22

AN ACT
relating to the exemption from ad valorem taxation of intangible
personal property.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 11.02(a), Tax Code, is amended to read as
follows:
(a) Intangible [Except as provided by Subsection (b) of this
section, intangible] personal property is not taxable.
SECTION 2. Section 42.05, Tax Code, is amended to read as
follows:
Sec. 42.05. COMPTROLLER AS PARTY. The comptroller is an
opposing party in an appeal by[:
[(1) a property owner of an order of the comptroller
determining a protest of the appraisal, interstate allocation, or
intrastate apportionment of transportation business intangibles;
or
[(2)] a county or a property owner of an order of the
comptroller apportioning among the counties the appraised value of
railroad rolling stock.
SECTION 3. The following provisions of the Tax Code are
repealed:
(1) Sections 11.02(b) and (c);
(2) Section 21.06;
(3) Section 21.07;
(4) Section 21.08;
(5) Section 23.15; and
(6) Section 23.16.
SECTION 4. The changes in law made by this Act apply only to
an ad valorem tax year that begins on or after the effective date of
this Act.
SECTION 5. This Act takes effect January 1, 2026.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 22 was passed by the House on April 3,
2025, by the following vote: Yeas 133, Nays 10, 1 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 22 was passed by the Senate on May 9,
2025, by the following vote: Yeas 30, Nays 1.
______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor