Bill Text: TX HB2999 | 2017-2018 | 85th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the exemption from ad valorem taxation of property owned by certain medical centers in certain counties.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Passed) 2017-05-29 - Effective on 1/1/18 [HB2999 Detail]
Download: Texas-2017-HB2999-Comm_Sub.html
Bill Title: Relating to the exemption from ad valorem taxation of property owned by certain medical centers in certain counties.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Passed) 2017-05-29 - Effective on 1/1/18 [HB2999 Detail]
Download: Texas-2017-HB2999-Comm_Sub.html
By: Bonnen of Brazoria (Senate Sponsor - Huffman) | H.B. No. 2999 | |
(In the Senate - Received from the House April 24, 2017; | ||
May 1, 2017, read first time and referred to Committee on Finance; | ||
May 12, 2017, reported adversely, with favorable Committee | ||
Substitute by the following vote: Yeas 10, Nays 0; May 12, 2017, | ||
sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR H.B. No. 2999 | By: Huffman |
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relating to the exemption from ad valorem taxation of property | ||
owned by certain medical centers in certain counties. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.23(j-1), Tax Code, is amended to read | ||
as follows: | ||
(j-1) Medical Center Development in Populous Counties. In a | ||
county with a population of 3.3 million or more [ |
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property owned by a nonprofit corporation, as that term is defined | ||
by Section 22.001, Business Organizations Code, organized | ||
exclusively for benevolent, charitable, and educational purposes | ||
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development or operation of a medical center area or areas in which | ||
the nonprofit corporation has donated land for a state medical, | ||
dental, or nursing school, [ |
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educational, research, or nonprofit uses and uses reasonably | ||
related to those uses [ |
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those benevolent, charitable, and educational functions, including | ||
the invention, development, and dissemination of materials, tools, | ||
technologies, processes, and similar means for translating and | ||
applying medical and scientific research for practical | ||
applications to advance public health, or for governmental or | ||
public purposes, including the relief of traffic congestion, [ |
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all ad valorem taxation [ |
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deed restriction or a covenant related to the property, a use or | ||
purpose described in this subsection shall also be considered to be | ||
a hospital, medical, or educational use, or a use that is reasonably | ||
related to a hospital, medical, or educational use. | ||
SECTION 2. Section 11.23(j-1), Tax Code, as amended by this | ||
Act, does not exempt from ad valorem taxation any interest in real | ||
or personal property, including a leasehold or other possessory | ||
interest, of a for-profit lessee of property for which a nonprofit | ||
corporation is entitled to an exemption from ad valorem taxation | ||
under that subsection. | ||
SECTION 3. This Act applies only to ad valorem taxes imposed | ||
for a tax year beginning on or after the effective date of this Act. | ||
SECTION 4. This Act takes effect January 1, 2018. | ||
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