Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income and a franchise tax credit for the payment of certain related ad valorem taxes.
Bill overview
Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income and a franchise tax credit for the payment of certain related ad valorem taxes.
Reference notes
SB 32 sources, status methodology and verification
Sources
- SB 32 official legislative recordPrimary bill-status record.
- Current official bill textOfficial bill text or printing.
Methodology
KeepTXRed treats the official legislative record and latest official action as the factual status layer for SB 32. Status labels are normalized for browsing, while the legislative timeline and documents preserve official action text and source links. Any KeepTXRed explanation below is editorial context and remains separate from the official record.
Last verified
Legislative record synchronized September 8, 2026 at 4:25 PM UTC; latest recorded official action April 22, 2025.
Bill → law → agency context
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Official fiscal-note agency context
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Current status
Passed
Referred to Ways & Means
Latest official action
Referred to Ways & Means: Apr 22 2025 3:20PM
April 22, 2025 · senate
Who this bill may affect
A verified audience or subject classification has not been attached to this bill yet.
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Sponsors
Committee history
- Local Government
Out of committee
- Ways & Means
In committee
Legislative timeline
Referred to Ways & Means: Apr 22 2025 3:20PM
senate · latest_action
Official recordReferred to Ways & Means
house
Official recordRead first time
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Official recordReceived from the Senate
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Official recordReported engrossed
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Official recordRecord vote
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Official recordPassed
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Official recordRead 3rd time
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Official recordThree day rule suspended
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Official recordVote recorded in Journal
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Official recordRead 2nd time & passed to engrossment
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Official recordRules suspended-Regular order of business
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Official recordCo-author authorized
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Official recordPlaced on intent calendar
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Official recordCommittee report printed and distributed
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Official recordReported favorably as substituted
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Official recordVote taken in committee
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Official recordConsidered in public hearing
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Official recordLeft pending in committee
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Official recordTestimony taken in committee
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Official recordConsidered in public hearing
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Official recordScheduled for public hearing on . . .
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Official recordCo-author authorized
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Official recordReferred to Local Government
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Official recordRead first time
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Official recordFiled
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Official recordReceived by the Secretary of the Senate
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Official record
Official bill text
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