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HB 2859, 86th R.S.
Relating to the exemption from ad valorem taxation of precious metal held in a precious metal depository located in this state.

Last action: See remarks for effective date

Author: Giovanni Capriglione
Sponsor: Pat Fallon

Remarks: This Act takes effect January 1, 2020, but only if HJR 95 is approved by the voters.

Session Law Chapter:
Acts 2019, 86th R.S.,ch. 459, General and Special Laws of Texas

Signed legislation

Companion:

SB 1903 (Very Similar)

Enabling legislation for: HJR 95

Bill Analyses:
Committee Report (TLC)
Engrossed (Senate Research Center)
Committee Report (House Research Organization)

Subjects:
COINS & PRECIOUS METALS
COMPTROLLER OF PUBLIC ACCOUNTS
Financial--General
Taxation--Property-Appraisals & Appraisal Districts
Taxation--Property-Exemptions

House Committee: Ways & Means (Dustin Burrows, Dwayne Bohac, Sheryl Cole, Ryan Guillen, Trey Martinez Fischer, Jim Murphy, Candy Noble, Eddie Rodriguez, Scott Sanford, Matt Shaheen, John Wray)
Minutes: April 9 2019 | April 17 2019
Senate Committee: Property Tax (Paul Bettencourt, Brandon Creighton, Kelly Hancock, Juan Hinojosa, Angela Paxton)
Minutes: May 9 2019 | May 17 2019

Index to Sections Affected

Texas Legislature Online


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