The comptroller shall apportion the appraised value of each owner's rolling stock to each county in which the railroad using it operates according to the ratio the mileage of road owned by the railroad in the county bears to the total mileage of road the railroad owns in this state.
Tex. Tax Code § 24.37
INTRASTATE APPORTIONMENT
Known as the Property Tax Code
The act spans §§ 1.01 to 43.04 (594 sections).
Acts 1979, 66th Leg., p. 2268, ch. 841, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.