---
type: "Bill"
title: "Relating to the exemption from ad valorem taxation of precious metal held in a precious metal depository located in this state."
description: "Relating to the exemption from ad valorem taxation of precious metal held in a precious metal depository located in this state."
jurisdiction: "us/states/tx"
legislature: "Texas Legislature"
session: "86"
identifier: "HB 2859"
citation: "Texas HB 2859 (86)"
classification: ["bill"]
subjects: ["Financial--General (I0365)", "Taxation--Property-Appraisals & Appraisal Districts (I0792)", "Taxation--Property-Exemptions (I0793)", "COINS & PRECIOUS METALS (S0013)", "COMPTROLLER OF PUBLIC ACCOUNTS (V2608)"]
status: "enacted"
primary_sponsors: ["Capriglione", "Fallon"]
version_count: 1
action_count: 48
vote_count: 1
first_action: "2019-03-01"
last_action: "2019-06-05"
source: "openstates"
source_identifier: "ocd-bill/1dfc69a8-cac7-49e2-a356-7fcab5359f21"
source_url: "ftp://ftp.legis.state.tx.us/bills/86R/billhistory/house_bills/HB02800_HB02899/HB 2859.xml"
source_hash: "17f34064b90040a07377aa39647fac786d798aa28fe85818de4e8526177f6fa7"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tx"]
---

# Texas HB 2859 (86) — Relating to the exemption from ad valorem taxation of precious metal held in a precious metal depository located in this state.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://www.legis.state.tx.us/tlodocs/86R/billtext/html/HB02859I.HTM)

## Votes

- passage — **137–6** (pass) · lower

## Sponsors

- Capriglione — primary (person)
- Fallon — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-03-01** Filed `filing`
- **2019-03-12** Read first time `introduction, reading-1`
- **2019-03-12** Referred to Ways & Means `referral-committee`
- **2019-04-09** Considered in public hearing
- **2019-04-09** Committee substitute considered in committee
- **2019-04-09** Testimony taken/registration(s) recorded in committee
- **2019-04-09** Left pending in committee
- **2019-04-17** Considered in public hearing
- **2019-04-17** Committee substitute considered in committee
- **2019-04-17** Reported favorably as substituted `committee-passage-favorable`
- **2019-04-24** Comte report filed with Committee Coordinator
- **2019-04-24** Committee report distributed
- **2019-04-25** Committee report sent to Calendars
- **2019-04-26** Considered in Calendars
- **2019-04-30** Placed on General State Calendar
- **2019-05-02** Read 2nd time `reading-2`
- **2019-05-02** Passed to engrossment
- **2019-05-03** Read 3rd time `reading-3`
- **2019-05-03** Passed `passage`
- **2019-05-03** Record vote
- **2019-05-04** Reported engrossed
- **2019-05-06** Received from the House `introduction`
- **2019-05-06** Read first time `introduction, reading-1`
- **2019-05-06** Referred to Property Tax `referral-committee`
- **2019-05-09** Scheduled for public hearing on . . .
- **2019-05-09** Considered in public hearing
- **2019-05-09** Testimony taken in committee
- **2019-05-09** Left pending in committee
- **2019-05-17** Considered in public hearing
- **2019-05-17** Reported favorably w/o amendments `committee-passage-favorable`
- **2019-05-18** Committee report printed and distributed
- **2019-05-20** Placed on intent calendar
- **2019-05-20** Rules suspended-Regular order of business
- **2019-05-20** Vote recorded in Journal
- **2019-05-20** Read 2nd time & passed to 3rd reading
- **2019-05-20** Vote recorded in Journal
- **2019-05-20** Three day rule suspended
- **2019-05-20** Record vote
- **2019-05-20** Read 3rd time `reading-3`
- **2019-05-20** Passed `passage`
- **2019-05-20** Record vote
- **2019-05-20** Senate passage reported
- **2019-05-21** Reported enrolled
- **2019-05-21** Signed in the House
- **2019-05-21** Signed in the Senate
- **2019-05-22** Sent to the Governor `executive-receipt`
- **2019-06-05** Signed by the Governor `executive-signature`
- **2019-06-05** See remarks for effective date

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1dfc69a8-cac7-49e2-a356-7fcab5359f21`. Confidence: reported (aggregated from official Texas legislature records).