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House Bill 2628 |
House Author: Rodriguez et al. |
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Effective: 1-1-10 |
Senate Sponsor: Watson |
State law provides a property tax exemption for certain property owned by a charitable organization engaged exclusively in performing specified charitable functions. House Bill 2628 amends the Tax Code to add, to the charitable functions that qualify such an organization for the exemption, the provision of housing and related services to individuals who are unaccompanied and homeless, have a disabling condition, and have been continuously homeless for a year or more or have had at least four episodes of homelessness in the preceding three years. The bill establishes that an exemption relating to such functions applies only to improvements that are owned by a charitable organization that has been in existence for at least 10 years, are used to provide housing and related services to the disabled homeless, and are located on a single campus owned by a municipality with a population of more than 600,000 and less than 700,000.