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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) 12 years if the property is located in a |
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municipality described by Subdivision (3)(A); or |
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(B) two years if the property is located on or |
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consists of a single campus in a municipality described by |
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Subdivision (3)(B); |
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(2) is used to provide housing and related services to |
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individuals described by that subsection; and |
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(3) is located: |
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(A) [on or consists of a single campus] in a |
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municipality with a population of more than 750,000 and less than |
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850,000 or within the extraterritorial jurisdiction of such a |
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municipality; or |
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(B) on or consists of a single campus in a |
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municipality with a population of more than 100,000 and less than |
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150,000 at least part of which is located in a county with a |
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population of less than 5,000. |
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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. |