Last Action:
05/12/2011 S Referred to Finance
Council Document:
82R 9491 TJB-F
Caption Version:
Engrossed
Caption Text:
Relating to liability for the additional tax imposed on land appraised for ad valorem tax purposes as qualified open-space land in the event of a change of use of the land if the land is transferred to a charitable organization for purposes of building housing for sale without profit to a low-income individual or family.
Author:
Martinez Fischer
Subjects:
Charitable & Nonprofit Organizations (I0055)
Housing--General (I0405)
Property Interests--Real Property (I0595)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Exemptions (I0793)
OPEN-SPACE LAND (S0378)
House Committee:
House Committee Status:
Out of committee
House Committee Vote:
Ayes=9 Nays=0 Present Not Voting=0 Absent=2
Senate Committee:
Senate Committee Status:
In committee