HB 247 IN TEXAS: STRUCTURES ALONG THE MEXICO BORDER THAT QUALIFY FOR A TAX EXEMPTION
https://resizer.glanacion.com/resizer/v2/KC5YPR4BANHEPAYOWP5KR6DTHI.JPG?auth=8e3cced9409e1a453c84a42942ea7b9eff39bfe9b38387bc77a22ac95a0234b0&smart=true&width=4561&height=3041
✍️ The Texas HB 247 law provides tax exemptions for certain property owners with properties along the US-Mexico border, excluding higher taxes resulting from infrastructure used to control the US border.
👉 The law provides tax exemptions for certain property owners with properties along the US-Mexico border. 👉 Infrastructure that qualifies for the exemption includes walls, barriers, roads, trenches, wires, and any technology installed to monitor or prevent unauthorized border crossings. 👉 Residents must have a legal connection to the improvement to qualify for the exemption. 👉 The exemption only applies to the increase in property value resulting from the infrastructure, not the base value of the property.
-- #Texas #Mexico #ElPaso #Hudspeth #JeffDavis #Presidio #Brewster #Terrell #ValVerde #Kinney #Maverick #Webb #Zapata #Starr #Hidalgo #Cameron #politics
Loading quoted post…
