TX HB4083

Creates a new ad valorem (property) tax exemption for perishable inventory held for sale at retail locations

Defines "perishable inventory" to include fresh produce, meats, poultry, fish, dairy products, bakery items, eggs, packaged/refrigerated/frozen foods, ready-to-eat foods, prescription and nonprescription drugs, and dietary supplements/vitamins (excludes alcohol)

Disqualifies persons from the exemption if they owe any delinquent taxes to the state or a taxing unit as of January 1 of the tax year

Takes effect January 1, 2026, contingent upon voter approval of a related constitutional amendment proposed by the 89th Legislature authorizing this exemption