Bill Text: TX HB349 | 2021-2022 | 87th Legislature | Engrossed
Bill Title: Relating to the exemption from ad valorem taxation of certain property owned by a charitable organization and used in providing housing and related services to certain homeless individuals.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2021-05-10 - Referred to Finance [HB349 Detail]
Download: Texas-2021-HB349-Engrossed.html
By: Craddick | H.B. No. 349 |
|
||
|
||
relating to the exemption from ad valorem taxation of certain | ||
property owned by a charitable organization and used in providing | ||
housing and related services to certain homeless individuals. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.18(p), Tax Code, is amended to read as | ||
follows: | ||
(p) The exemption authorized by Subsection (d)(23) applies | ||
only to property that: | ||
(1) is owned by a charitable organization that has | ||
been in existence for at least: | ||
(A) 12 years if the property is located in a | ||
municipality described by Subdivision (3)(A); or | ||
(B) two years if the property is located on or | ||
consists of a single campus in a municipality described by | ||
Subdivision (3)(B); | ||
(2) is used to provide housing and related services to | ||
individuals described by that subsection; and | ||
(3) is located: | ||
(A) [ |
||
municipality with a population of more than 750,000 and less than | ||
850,000 or within the extraterritorial jurisdiction of such a | ||
municipality; or | ||
(B) on or consists of a single campus in a | ||
municipality with a population of more than 100,000 and less than | ||
150,000 at least part of which is located in a county with a | ||
population of less than 5,000. | ||
SECTION 2. This Act applies only to an ad valorem tax year | ||
that begins on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect January 1, 2022. |