Texas § SD.3501.004 - EXEMPTION FROM TAXATION
Full text of Texas The Texas Constitution § SD.3501.004 — EXEMPTION FROM TAXATION, with citation guidance and answers to common questions.
§ SD.3501.004. EXEMPTION FROM TAXATION
EXEMPTION FROM TAXATION. (a) The property, income, and operations of the authority are exempt from taxes imposed by the state or a political subdivision of the state. (b) Section 25.07 (a), Tax Code, applies to a leasehold or other possessory interest in real property granted by the authority for a project designated under Section 3501.1024 (a) in the same manner as it applies to a leasehold or other possessory interest in real property constituting a project described by Section 505.161 (a), Local Government Code. (c) Tangible personal property that is used primarily to develop national security-related technology or critical infrastructure technology, tangible personal property that is national security-related technology or critical infrastructure technology, or a commercial aircraft to be used as an instrument of commerce that is under construction or development, as applicable, in the authority is presumed to be in interstate, international, or foreign commerce and not located in this state for longer than a temporary period for purposes of Sections 11.01 and 21.02 , Tax Code. (d) Tangible personal property located in the authority is presumed to be in interstate, international, or foreign commerce and not located in this state for longer than a temporary period for purposes of Sections 11.01 and 21.02 , Tax Code, if the owner demonstrates to the chief appraiser for the appraisal district in which the authority is located that the owner intends to incorporate the property into or attach the property to tangible personal property described by Subsection (c) or a commercial aircraft described by Subsection (c). (e) In this section, "commercial aircraft" means an aircraft that is designed to be used as described by Section 21.05 (e), Tax Code. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005. Amended by: Acts 2021, 87th Leg., R.S., Ch. 288 (H.B. 4579 ), Sec. 3, eff. September 1, 2021. Acts 2025, 89th Leg., R.S., Ch. 228 (H.B. 5092 ), Sec. 3, eff. September 1, 2025.
Frequently Asked Questions About Texas § SD.3501.004
What does The Texas Constitution § SD.3501.004 cover?
Section SD.3501.004 ("EXEMPTION FROM TAXATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § SD.3501.004?
A common citation format is "The Texas Constitution § SD.3501.004" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § SD.3501.004 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.