PROP TX-RAILROAD
SB 1433 amends the Property Tax Code concerning how railroad property is assessed for tax purposes. Currently, railroad property is assessed as a single unit. This bill changes that method, requiring railroad property to be assessed based on its specific geographic location. This means different sections of railroad property would be valued according to local property values rather than a unified valuation.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 31, 2025
Last action May 22, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
14
Key actions
3
Committee
8
May 22, 2026
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 13, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2026
upper
Jan 27, 2026
Committee
Re-assigned to Revenue
upper
Jun 2, 2025
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 11, 2025
Upper · Passed
Rule 2-10 Committee Deadline Established As May 9, 2025
upper
Mar 21, 2025
Upper · Passed
Rule 2-10 Committee Deadline Established As April 11, 2025
upper
Feb 11, 2025
Committee
Assigned to Revenue
upper
Jan 31, 2025
Committee
Referred to Assignments
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Laura Murphy
DDemocratic
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