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Texas Tax Code

§ 11.35 — TEMPORARY EXEMPTION FOR QUALIFIED PROPERTY DAMAGED BY DISASTER

TX § 11.35Title 1. PROPERTY TAX CODE · Part C. TAXABLE PROPERTY AND EXEMPTIONS · Ch. 11. TAXABLE PROPERTY AND EXEMPTIONS · Art. B. EXEMPTIONS

Statute text

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(a)In this section:
(1)"Damage" means physical damage.
(2)"Qualified property" means property that:
(A)consists of:
(i)tangible personal property used for the production of income;
(ii)an improvement to real property; or

Legislative history

Acts 2021, 87th Leg., R.S., Ch. 883 (S.B. 1427), Sec. 1, eff. June 16, 2021. Acts 2021, 87th Leg., R.S., Ch. 884 (S.B. 1438), Sec. 10(1), eff. June 16, 2021. Acts 2025, 89th Leg., R.S., Ch. 993 (S.B. 850), Sec. 2, eff. September 1, 2025.