Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Revenue and Taxation Code
Property Taxation
Part 10. Aircraft Assessment and Taxation
Table of Contents
CHAPTER 1. General Provisions and Definitions | (View entire chapter)
- 5301 Legislative intent; uniform tax on aircraft
- 5302 Construction
- 5303 "Aircraft"
- 5304 "In this State"
CHAPTER 2. Exemptions | (View entire chapter)
- 5331 Aircraft owned by United States or foreign government
- 5332 Aircraft owned by this State or political subdivision
CHAPTER 3. Assessment | (View entire chapter)
- 5362 Assessed where habitually situated
- 5363 Market value
- 5364 Board to establish assessment standards
- 5365 Statement
- 5366 Airport operator annual statement; aircraft based at airport
- 5367 Penalty; failure to file statement
- 5368 Airport operator statement; aircraft using airport
CHAPTER 4. Levy | (View entire chapter)
CHAPTER 5. Collection [Repealed]
CHAPTER 6. Distribution | (View entire chapter)
- 5451 Method of distribution
- 5452 One-third each to city, school districts, and county
- 5453 One-half each to school districts and county
- 5454 Equal distribution between elementary and high school districts
- 5455 Legislative purpose; excludes other educational districts
- 5456 Details of distribution method supplied by county auditor