Last Action:
02/21/2017 H Referred to Ways & Means: Feb 21 2017 12:03PM
Council Document:
85R 3316 TJB-D
Caption Version:
Introduced
Caption Text:
Proposing a constitutional amendment authorizing the governing body of a political subdivision to exempt from ad valorem taxation mineral interests owned by nonprofit corporations organized for the exclusive purpose of generating income for certain charitable nonprofit corporations through the ownership, lease, and management of real property.
Author:
Lozano
Subjects:
Charitable & Nonprofit Organizations (I0055)
Family--Child Protection (I0351)
Housing--General (I0405)
Mines & Mineral Resources (I0536)
Oil & Gas (I0545)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Exemptions (I0793)
Enabling Information:
Enabling legislation is HB 845.
House Committee:
House Committee Status:
In committee