| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 81R10905 JD-D | |
| 2 | 2 | By: Gonzalez Toureilles H.B. No. 4070 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to an exemption from ad valorem taxation of airplanes and | |
| 8 | 8 | helicopters used exclusively in agricultural operations. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 11.161, Tax Code, is amended to read as | |
| 11 | 11 | follows: | |
| 12 | 12 | Sec. 11.161. IMPLEMENTS OF HUSBANDRY. (a) Machinery and | |
| 13 | 13 | equipment items that are used in the production of farm or ranch | |
| 14 | 14 | products or of timber, regardless of their primary design, are | |
| 15 | 15 | considered to be implements of husbandry and are exempt from ad | |
| 16 | 16 | valorem taxation. | |
| 17 | 17 | (b) For purposes of Subsection (a), an airplane or | |
| 18 | 18 | helicopter used exclusively in agricultural operations is | |
| 19 | 19 | considered to be an implement of husbandry. | |
| 20 | 20 | SECTION 2. This Act applies only to an ad valorem tax year | |
| 21 | 21 | that begins on or after the effective date of this Act. | |
| 22 | 22 | SECTION 3. This Act takes effect January 1, 2010. |