It shall hereafter be granted that, by majority vote of the
city council, the city shall tax, as personal property, all eligible
automobiles within the corporate limits of the city.
(2004 Code, sec. 34.60)
The goods in transit, as defined by Texas Tax Code, section
11.253(a)(2), as amended by Senate Bill 1, enacted by the 82nd Texas
Legislature in special session, shall remain subject to taxation by
the city.
(Ordinance 2011-40 adopted 11/14/11)
Pursuant to article VIII, section 1-b of the Texas Constitution
and section 11.261 of the Texas Property Tax Code (the “Tax
Code”), the amount of ad valorem property taxes for residence
homesteads owned by persons who are disabled, as defined by the Tax
Code, or by persons sixty-five (65) years of age and older shall not
be increased above the amount due for tax year 2018, except as provided
by section 11.261 of the Tax Code. Qualified persons must make application
for such tax freeze to the Collin County Central Appraisal District.
(Ordinance 2018-22 adopted 5/8/18)