Tex. Tax Code § 23.13 · Subchapter B. SPECIAL APPRAISAL PROVISIONS
TAXABLE LEASEHOLDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A taxable leasehold or other possessory interest in real property that is exempt from taxation to the owner of the estate or interest encumbered by the possessory interest is appraised at the market value of the leasehold or other possessory interest. However, the appraised value may not be less than the total rental paid for the interest for the current tax year.
Notes and commentary — not statutory text
History
Acts 1979, 66th Leg., p. 2253, ch. 841, Sec. 1, eff. Jan. 1, 1982.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.23.htm
- Text hash
- sha256 06d7e9e4c77f94c48a0bae75d5745e144d3665f1342637a1c62b16ac86b35d0a
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.