Sec. 21.04. RAILROAD ROLLING STOCK. (a) A portion of the total market value of railroad rolling stock that is appraised as provided by Subchapter B of Chapter 24 of this code is taxable by each county in which the railroad operates.
(b) The portion of the total market value that is taxable by a county is determined by the provisions of Subchapter B of Chapter 24 of this code.
Acts 1979, 66th Leg., p. 2247, ch. 841, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1983, 68th Leg., p. 4823, ch. 851, Sec. 9, eff. Aug. 29, 1983.
Structure Texas Statutes
Subtitle D - Appraisal and Assessment
Section 21.02. Tangible Personal Property Generally
Section 21.021. Vessels and Other Watercraft
Section 21.03. Interstate Allocation
Section 21.031. Allocation of Taxable Value of Vessels and Other Watercraft Used Outside This State
Section 21.04. Railroad Rolling Stock
Section 21.05. Commercial Aircraft
Section 21.055. Business Aircraft
Section 21.06. Intangible Property Generally
Section 21.07. Intangibles of Certain Transportation Businesses
Section 21.08. Intangibles of Certain Financial Institutions