---
type: "Bill"
title: "Relating to the exemption from ad valorem taxation of income-producing tangible personal property having a value of less than a certain amount."
description: "Relating to the exemption from ad valorem taxation of income-producing tangible personal property having a value of less than a certain amount."
jurisdiction: "us/states/tx"
legislature: "Texas Legislature"
session: "87"
identifier: "SB 1449"
citation: "Texas SB 1449 (87)"
classification: ["bill"]
subjects: ["Property Interests--Personal Property (I0600)", "Taxation--Property-Appraisals & Appraisal Districts (I0792)", "Taxation--Property-Exemptions (I0793)"]
status: "enacted"
primary_sponsors: ["Bettencourt", "Creighton", "Hancock", "Hinojosa", "Johnson", "Murphy", "Paxton"]
version_count: 5
action_count: 47
vote_count: 1
first_action: "2021-03-10"
last_action: "2021-06-07"
source: "openstates"
source_identifier: "ocd-bill/d78e5c0b-35c0-47d6-823d-cebd1540f2f9"
source_url: "ftp://ftp.legis.state.tx.us/bills/87R/billhistory/senate_bills/SB01400_SB01499/SB 1449.xml"
source_hash: "9d31bb3e0ad24e88b6f73da53b056c6a2366d89ac93b623814b57bd165b584d4"
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 SB 1449 (87) — Relating to the exemption from ad valorem taxation of income-producing tangible personal property having a value of less than a certain amount.

## Version chain

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

1. **Introduced** (filed) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01449I.HTM)
2. **Engrossed** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01449E.HTM)
3. **House Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01449H.HTM)
4. **Senate Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01449S.HTM)
5. **Enrolled** (enrolled) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01449F.HTM)

## Votes

- passage — **144–1** (pass) · lower

## Sponsors

- Bettencourt — primary (person)
- Creighton — primary (person)
- Hancock — primary (person)
- Hinojosa — primary (person)
- Johnson — primary (person)
- Murphy — primary (person)
- Paxton — primary (person)
- Kolkhorst — cosponsor (person)
- Nelson — cosponsor (person)
- Springer — cosponsor (person)

## Timeline

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

- **2021-03-10** Received by the Secretary of the Senate `filing`
- **2021-03-10** Filed `filing`
- **2021-03-24** Read first time `introduction, reading-1`
- **2021-03-24** Referred to Finance `referral-committee`
- **2021-04-19** Scheduled for public hearing on . . .
- **2021-04-19** Considered in public hearing
- **2021-04-19** Testimony taken in committee
- **2021-04-19** Reported favorably w/o amendments `committee-passage-favorable`
- **2021-04-19** Committee report printed and distributed
- **2021-04-20** Co-author authorized
- **2021-04-21** Co-author authorized
- **2021-04-21** Placed on intent calendar
- **2021-04-22** Rules suspended-Regular order of business
- **2021-04-22** Read 2nd time & passed to engrossment
- **2021-04-22** Vote recorded in Journal
- **2021-04-22** Three day rule suspended
- **2021-04-22** Record vote
- **2021-04-22** Read 3rd time `reading-3`
- **2021-04-22** Passed `passage`
- **2021-04-22** Record vote
- **2021-04-22** Reported engrossed
- **2021-04-22** Received from the Senate `introduction`
- **2021-04-28** Read first time `introduction, reading-1`
- **2021-04-28** Referred to Ways & Means `referral-committee`
- **2021-05-03** Considered in public hearing
- **2021-05-03** Testimony taken/registration(s) recorded in committee
- **2021-05-03** Left pending in committee
- **2021-05-05** Considered in formal meeting
- **2021-05-05** Reported favorably w/o amendment(s) `committee-passage`
- **2021-05-12** Comte report filed with Committee Coordinator
- **2021-05-12** Committee report distributed
- **2021-05-13** Committee report sent to Calendars
- **2021-05-17** Considered in Calendars
- **2021-05-19** Placed on General State Calendar
- **2021-05-19** Read 2nd time `reading-2`
- **2021-05-19** Passed to 3rd reading
- **2021-05-20** Read 3rd time `reading-3`
- **2021-05-20** Passed `passage`
- **2021-05-20** Record vote
- **2021-05-20** Statement(s) of vote recorded in Journal
- **2021-05-20** House passage reported
- **2021-05-20** Reported enrolled
- **2021-05-22** Signed in the Senate
- **2021-05-24** Signed in the House
- **2021-05-24** Sent to the Governor `executive-receipt`
- **2021-06-07** Signed by the Governor `executive-signature`
- **2021-06-07** Effective on 1/1/22 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d78e5c0b-35c0-47d6-823d-cebd1540f2f9`. Confidence: reported (aggregated from official Texas legislature records).