Enrolled Bill Summary

            Current law provides that the property tax exemption for religious organizations extends to certain incomplete improvements that are under active construction or other physical preparation and the land on which those incomplete improvements are located. House Bill 873 amends the Tax Code to increase from two to three years the maximum duration of the exemption on incomplete improvements and associated land. It establishes similar three-year exemptions for qualifying charitable organizations, youth development associations, schools, nonprofit water supply or wastewater service corporations, veterans' organizations, women's clubs, private enterprise demonstration associations, theater schools, community service clubs, medical center developments, scientific research corporations, the Nature Conservancy of Texas, and the Texas Congress of Parents and Teachers.