Bill Text: TX HB1459 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the exemption from ad valorem taxation of certain real property leased to and used by charitable organizations.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-04-29 - No action taken in committee [HB1459 Detail]
Download: Texas-2013-HB1459-Introduced.html
83R6226 CJC-D | ||
By: Gooden | H.B. No. 1459 |
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relating to the exemption from ad valorem taxation of certain real | ||
property leased to and used by charitable organizations. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter B, Chapter 11, Tax Code, is amended by | ||
adding Section 11.186 to read as follows: | ||
Sec. 11.186. REAL PROPERTY LEASED TO CHARITABLE | ||
ORGANIZATIONS. (a) A person is entitled to an exemption from | ||
taxation of the real property that the person owns and leases to an | ||
organization that meets the requirements of a charitable | ||
organization provided by Sections 11.18(e) and (f) if: | ||
(1) the real property is used by the organization | ||
primarily for the purpose of performing a function listed in | ||
Section 11.18(d); | ||
(2) the rental for the real property on an annual basis | ||
is not more than five percent of the property's market value; and | ||
(3) the real property is reasonably necessary for the | ||
operation of the organization. | ||
(b) Section 25.07 does not apply to a leasehold interest in | ||
property for which the owner receives an exemption under this | ||
section. | ||
SECTION 2. This Act applies only to ad valorem taxes imposed | ||
for a tax year beginning on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect January 1, 2014, but only | ||
if the constitutional amendment authorizing the legislature to | ||
exempt from ad valorem taxation real property that is leased to a | ||
charitable organization and that is used by the organization | ||
primarily for the purpose of performing a charitable function is | ||
approved by the voters. If that amendment is not approved by the | ||
voters, this Act has no effect. |