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By: Rodriguez, et al. (Senate Sponsor - Seliger) |
H.B. No. 115 |
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(In the Senate - Received from the House April 13, 2021; |
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April 13, 2021, read first time and referred to Committee on |
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Finance; May 20, 2021, reported adversely, with favorable |
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Committee Substitute by the following vote: Yeas 12, Nays 0; |
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May 20, 2021, sent to printer.) |
Click here to see the committee vote |
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COMMITTEE SUBSTITUTE FOR H.B. No. 115 |
By: Bettencourt |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the exemption from ad valorem taxation of certain |
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property owned by a charitable organization and used in providing |
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housing and related services to certain homeless individuals. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.18(p), Tax Code, is amended to read as |
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follows: |
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(p) The exemption authorized by Subsection (d)(23) applies |
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only to property that: |
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(1) is owned by a charitable organization that has |
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been in existence for at least: |
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(A) 20 [12] years if the property is located in a |
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county described by Subdivision (4)(A); or |
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(B) two years if the property is located in a |
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municipality described by Subdivision (4)(B); |
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(2) is located on a tract of land that: |
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(A) is at least 15 acres in size; and |
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(B) was either: |
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(i) owned by the organization on July 1, |
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2021; or |
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(ii) acquired by donation and owned by the |
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organization on January 1, 2023; |
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(3) is used to provide permanent housing and related |
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services to individuals described by that subsection; and |
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(4) [(3)] is located [on or consists of a single |
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campus] in: |
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(A) a county [municipality] with a population of |
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more than one million [750,000] and less than 1.5 million; or |
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(B) a municipality with a population of more than |
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100,000 and less than 150,000 at least part of which is located in a |
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county with a population of less than 5,000 [850,000 or within the |
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extraterritorial jurisdiction of such a municipality]. |
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SECTION 2. This Act applies only to an ad valorem tax year |
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that begins on or after the effective date of this Act. |
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SECTION 3. This Act takes effect January 1, 2022. |
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