Senate Bill 1145
Senate Author: West et al.
Effective: See below
House Sponsor: Talarico et al.
Senate Bill 1145 amends the Tax Code to create a local option property tax exemption under which a person is exempt from county or municipal taxation, as applicable, of all or part of the appraised value of the real property the person owns and operates as a qualifying child‑care facility or the portion of that property the person leases to another who uses the property to operate such a facility. The amount of the exemption adopted by a county or municipality may not be less than 50 percent of a property's appraised value. The bill makes a person ineligible to claim the exemption if the property in question receives a residence homestead exemption or if any part of the property is leased to another person for use as a principal residence. The bill takes effect January 1, 2024, contingent on voter approval of Senate Joint Resolution 64.