Texas Constitution Art. 8 sec. 1-x – Exemption From Ad Valorem Taxation of Certain Property of Medical or Biomedical Products Manufacturer
Current as of: 2024 |
Terms Used In Texas Constitution Art. 8 sec. 1-x
- Personal property: All property that is not real property.
The legislature by general law may exempt from ad valorem taxation the tangible personal property held by a manufacturer of medical or biomedical products as a finished good or used in the manufacturing or processing of medical or biomedical products.