Sec. 24.31. APPRAISAL AT HEADQUARTERS. The chief appraiser for the county in which the owner of rolling stock used by a railroad resides or maintains a principal place of business in this state shall appraise for taxation the rolling stock owned on January 1. However, if the owner does not reside or maintain a place of business in this state, the chief appraiser for the county in which a railroad that leases the rolling stock maintains its principal place of business in this state shall appraise it.
Acts 1979, 66th Leg., p. 2267, ch. 841, Sec. 1, eff. Jan. 1, 1980. Amended by Acts 1981, 67th Leg., 1st C.S., p. 154, ch. 13, Sec. 88, eff. Aug. 14, 1981.
Structure Texas Statutes
Subtitle D - Appraisal and Assessment
Chapter 24 - Central Appraisal
Subchapter B. Railroad Rolling Stock
Section 24.31. Appraisal at Headquarters
Section 24.32. Rolling Stock Information Reports
Section 24.33. Report of Leased Rolling Stock Forwarded
Section 24.34. Interstate Allocation
Section 24.35. Notice, Review, and Protest
Section 24.36. Certification to Comptroller
Section 24.365. Correction of Certified Amount
Section 24.37. Intrastate Apportionment
Section 24.38. Certification of Apportioned Value