May 26, 2025 · Except as provided by Subsection (b) of this section, intangible personal property is not taxable.

Jan 1, 2024 · Texas Tax Code - TAX § 11.02. Intangible Personal Property. Current as of January 01, 2024 | Updated by FindLaw Staff. (a) Except as provided by Subsection (b) of this section, …

Effective as of January 1, 2026, recently enacted legislation amends Texas property tax law involving ad valorem taxation of certain intangible personal property owned by some savings …

(d) Tangible personal property that is operated or located exclusively outside this state during the year preceding the tax year and on January 1 of the tax year is not taxable in this state.

(b) Intangible property governed by Article 4.01, Insurance Code, or by Section 89.003, Finance Code, is taxable as provided by law, unless exempt by law, if this state has jurisdiction to tax …

Texas will exempt all intangible personal property from property tax under a bill signed by Gov. Greg Abbott.

Texas Tax Code – TAX § 11.02. Intangible Personal Property (a) Except as provided by Subsection (b) of this section, intangible personal property is not taxable.

Aug 7, 2025 · In this comprehensive guide, we’ll tackle everything you need to know about Texas personal property tax – what counts as “personal property,” how these taxes are assessed, the …

Although the Texas Constitution authorizes the taxation of intangible personal property ( Sec. 1, Art. VIII, Texas Const. ), most intangibles are exempt from taxation.

Feb 25, 2025 · The primary purpose of House Bill 22 is to clarify that intangible personal property is not subject to taxation, thereby eliminating any confusion surrounding its tax status.