Amendment H-8325 to HF 1050
Relating to the assessment of property containing certain aboveground storage tanks and including effective date and retroactive applicability provisions
Withdrawn · April 8, 2026
Filed April 7, 2026 in the House by
In plain words
AI summary This amendment changes the start date for these tax rules from 2025 to 2026. It also adds a rule that any structure not anchored to a permanent foundation by something other than its own weight will not be taxed as real property.1
What it changes
- Page 1, line 1, by striking “2025” and inserting “2026”
- Page 1, line 2, by striking “subsection” and inserting “subsections”
- Page 1, after line 7 by inserting: “NEW SUBSECTION . 6B. Notwithstanding the other provisions of this section, a structure shall not be assessed and taxed as real property if the structure is not anchored to a permanent foundation except by the structure’s own weight.”
- Page 1, line 14, by striking “2025” and inserting “2026”
- Title page, by striking lines 1 through 3 and inserting “An Act relating to the assessment of property containing certain structures and including effective date and retroactive applicability provisions.”