P r o p e r t y T a x
Application for Allocation of Value for Personal
Property Used in Interstate Commerce, Commercial
Aircraft, or Business Aircraft
Appraisal District’s Name
Phone (area code and number)
Address, City, State, ZIP Code
This document must be filed with the appraisal district office in the county in which your property is taxable. It must not be filed with the
office of the Comptroller of Public Accounts. Location and address information for appraisal district offices may be found at
State the Year for Which You are Applying for Allocation of Value
Instructions for Application
General Instructions: This form is for use in claiming an allocation of value for property having taxable situs in Texas and subject to the provisions of Tax
Code Sections 21.03 (interstate allocation), 21.05 (commercial aircraft), or 21.055 (business aircraft), according to Tax Code Section 21.09(a). Form 50-146 is
for use in claiming an allocation of value for vessels and other watercraft used outside of Texas, according to Tax Code Sections 21.031 and 21.09(a).
Rendition of Value: The filing of a rendition of value under Tax Code Chapter 22 is not a condition of qualification for allocation of the value of property
used in interstate commerce, vessels or other watercraft, commercial aircraft, or business aircraft. Tangible personal property used for the production of
income must be rendered, according to the provisions of Tax Code Section 22.01, on a separate form (50-145). Failure to file a rendition timely or at all will
subject the property owner to monetary penalties provided by Tax Code Sections 22.28 and 22.29; however, failure to file a rendition will not cause the prop-
erty to be disqualified from allocation of value, if the property otherwise qualifies and the filing deadlines are met.
Filing and Deadlines: A person claiming an allocation must apply for the allocation each year the person claims the allocation. A person claiming an
allocation must file a completed allocation application before May 1 and must provide the information required by this form. If the property was not on the
appraisal roll in the preceding year, the deadline for filing the allocation application form is extended to the 45th day after the date of receipt of the notice of
appraised value required by Tax Code Section 25.19(a)(3). For good cause shown, the chief appraiser shall extend the deadline for filing an allocation appli-
cation form by written order for a period not to exceed 60 days [Tax Code Section 21.09(b)].
Late Application, Penalty and Notice: The chief appraiser shall accept and approve or deny an application for an allocation of value after the deadline for
filing if the application is filed before the date the appraisal review board approves the appraisal records. If the application is approved, the property owner is
liable to each taxing unit for a penalty in an amount equal to 10 percent of the difference between the amount of tax imposed by the taxing unit on the prop-
erty without the allocation and the amount of tax imposed on the property with the allocation. The chief appraiser shall deliver a written notice of imposition
of the penalty with an explanation to the property owner. The amount of the penalty shall be added to the tax bill at the time and in the manner the collector
collects the tax. The penalty amount constitutes a lien against the property and accrues penalty and interest in the same manner as a delinquent tax.
Verification and Cancellation of Value Allocation: If the chief appraiser learns of any reason indicating that an allocation previously allowed should be
canceled, the chief appraiser shall investigate. If the chief appraiser determines that the property is not entitled to an allocation, the chief appraiser shall
cancel the allocation and deliver written notice of the cancellation not later than the 5th day after the date the chief appraiser makes the cancellation.
The Property Tax Assistance Division at the Texas Comptroller of Public Accounts provides property tax
For more information, visit our website:
information and resources for taxpayers, local taxing entities, appraisal districts and appraisal review boards.
50-147 • 07-13/2