Bill > SJR46

This joint resolution proposes a constitutional amendment that would authorize the Texas Legislature to create an exemption from ad valorem taxation (property tax) for tangible personal property consisting of animal feed that is held by its owner for sale at retail. The proposed amendment would add a new section to Article VIII of the Texas Constitution, giving the legislature the power to establish this tax exemption and to create additional eligibility requirements for the exemption. If approved by voters, this amendment would allow the legislature to pass laws that would exempt animal feed inventory from property taxation, potentially providing financial relief to agricultural businesses and retailers who stock animal feed for sale. The proposed amendment would be submitted to voters at an election on November 4, 2025, with ballot language clearly describing the proposed tax exemption.

Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SJR46