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Item 4CItem 4C Ordinance No. 1018, 1st Reading providing for the taxation of goods-in-transit exempt under Section 11.253 of the Texas Tax Code; providing a repealer clause; providing a severability clause; and providing an effective date. 2007 Legislative Session Exemption for goods-in-transit Ordinance 919 2011 Special Legislative Session Senate Bill 1 Goods-in-transit exemption amendment Automatically applies to municipalities Background Ordinance 1018 Taxation of goods-in-transit Public hearing December 6, 2011 $129,000 property tax revenue Ordinance 1018 Item 4C Questions?