Court of Appeals of Texas June 12, 2018, NO. 01–16–00389–CV (Harris Cnty. v. Harris Cnty. Appraisal Dist.)

lead-opinion

Michael Massengale, Justice

Harris County has challenged PRSI Trading's exemption from millions of dollars in ad-valorem tax liability for inventory held at an oil refinery and tank farm. In a decision with significant economic consequences, the panel majority has erroneously deprived PRSI Trading of its valuable tax exemption.