Texas lawmakers are considering a major increase in the business personal property tax exemption—from $2,500 to $250,000—as ...

Texas businesses might also see a huge tax break under the new property tax bills through an increased exemption (House Bill 9). Currently, Texas law allows businesses to exempt up to $2,500 of ...

Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised advertising and content, advertising and content ...

Billions of dollars in property tax cuts are on the table in Texas. ... also include a $125,000 exemption on business personal property, the taxes on inventory held by small and mid-sized ...

The Texas House advanced bills boosting homestead exemptions, ... which would raise the "business personal property tax exemption" from $2,500 to $125,000.

Texas lawmakers have once more vowed to provide tax relief to property owners, and the House and Senate have so far agreed to spend at least $6 billion in state funds to do so.

Texas is one of only a few states that taxes business inventory, often also called business personal property. That property is currently exempt from taxation if it’s worth $2,500 or less. The ...