Following a presentation and discussion on Proposition 3 at the September 24th North San Antonio Chamber of Commerce board meeting, the North SA Chamber Board of Directors voted to endorse Proposition 3. The North Chamber encourages its members and the community to vote “Yes” in the November 5, 2013 General Election to support Proposition 3, the proposed constitutional amendment to increase the number of days a business inventory, such as aircraft parts, may be warehoused in Texas without being subject to the property tax. Texas is one of only 11 states to levy a property tax on inventory.
Learn more at the Texas Association of Manufacturers’ website
Download Proposition 3 Fact Sheet