Texas Voters Approve Proposition 5: Animal Feed Tax Exemption Passed, Bolstering Agricultural Sector

In a significant development for Texas’s agricultural economy, voters overwhelmingly approved **Texas Proposition 5** on November 5, 2025, amending the state constitution to exempt animal feed held for retail sale from tangible personal property taxes. This news, directly related to **Texas Proposition 5**, marks a pivotal shift in tax policy, aiming to alleviate financial burdens…

Read More