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<br />The Texas Constitution - Art 8 - See I-n <br /> <br />http://tl02.tIc.state. tx. us/txeonst/sections/ en000800-0 I-n.. <br /> <br />The Texas Constitution <br /> <br />Article 8 - TAXATION AND REVENUE <br /> <br />Section I-n - AUTHORIZATION TO EXEMPT <br />FROM AD VALOREM TAXATION TANGIBLE <br />PERSONAL PROPERTY <br /> <br />(Text of section as added by Acts 2001, 77th Leg., R.S., SJ.R. 6.) <br />(a) To promote economic development in this state, the legislature by <br />general law may exempt from ad valorem taxation goods, wares, <br />merchandise, other tangible personal property, and ores, other than <br />oil, natural gas, and other petroleum products, if: <br />(1) the property is acquired in or imported into this state to be <br />forwarded to another location in this state or outside this state, <br />whether or not the intention to forward the property to another <br />location in this state or outside this state is formed or the destination <br />to which the property is forwarded is specified when the property is <br />acquired in or imported into this state; <br />(2) the property is detained at a location in this state that is not owned <br />or under the control of the property owner for assembling, storing, <br />manufacturing, processing, or fabricating purposes by the person who <br />acquired or imported the property; and <br />(3) the property is transported to another location in this state or <br />outside this state not later than 270 days after the date the person <br />acquired the property in or imported the property into this state. <br />(b) For purposes of this section: <br />(l) tangible personal property includes aircraft and aircraft parts; <br />(2) property imported into this state includes property brought into <br />this state; <br />(3) property forwarded to another location in this state or outside this <br />state includes property transported to another location in this state or <br />outside this state or to be affixed to an aircraft to be transported to <br />another location in this state or outside this state; and <br />(4) property detained at a location in this state for assembling, storing, <br />manufacturing, processing, or fabricating purposes includes property, <br /> <br />Iof2 <br /> <br />7/3/2007 9:08 A1v <br />