Tex. Tax Code § 11.146 · Subchapter B. EXEMPTIONS
MINERAL INTEREST HAVING VALUE OF LESS THAN $500.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A person is entitled to an exemption from taxation of a mineral interest the person owns if the interest has a taxable value of less than $500.
(b) The exemption provided by Subsection (a) applies to each separate taxing unit in which a person owns a mineral interest and, for the purposes of Subsection (a), all mineral interests in each taxing unit are aggregated to determine value.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 296, Sec. 1, eff. Jan. 1, 1996.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.11.htm
- Text hash
- sha256 37e8e20822ba8114b6ce9912fbdb2f2cc0a54eab66cec736e8d593c5d7ccf955
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Tax Code § 11.146. Each shows the citation as that text prints it.
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