Ruben P. Gonzalez
El Paso CountyTax Assessor-Collector

500 E. Overland Ave.
Suite 101
El Paso, Texas 79901
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Phone (915) 546-2140
Fax (915) 546-8100

County Tax Assessor-Collector

  • Vehicle Inventory Tax
  • About Us
  • Dealer Information
  • Complaint on Dealers
  • Senate Bill 878
  • Export Only Rule
  • Frequently Asked Questions (FAQs)
  • Contact Information
  • Senate Bill 878
  • What is S.B.878?
  • S.B. 878 is a bill passed by the Texas Legislature in 1993. It is effective on January 1, 1994. S.B. 878 amends Section 23.12 and adds Sections 23.12A and 23.12B, Property Tax Code.
  • Inventories Affected
  • The new system affects the ad valorem tax appraisal of, and the prepayment of ad valorem taxes levied against, inventories consisting of vehicles.
  • How are these inventories affected?
  • Method of Appraisal: The bill provides for a new sales-based method of determining the market value of a vehicle inventory held for resale.
  • Benefits:
  •  -Provides a more reliable and uniform method for determining market value
  •  -Eliminates audit problems (market value is readily verifiable)
  •  -Provides automatic adjustment for inflation
  •  -Provides a predictable revenue stream
  •  -Maximizes owner's ability to manage inventory for marketing purposes.
  • Method of Payment:
  • The bill provides a procedure for monthly prepayment of taxes by the owner through an escrow mechanism administered by the county tax assessor-collector. Also provides for owner payment of any deficiency.
  • Benefits:
  •  -Amount of delinquent taxes will decrease
  •  -Provides a more efficient system of payment and audit
  •  -Provides for itemized disclosure of tax value assigned to each vehicle
  •  -Eliminates inventory tax "shock" at year end.