By Chisum H.B. No. 1580
74R5109 JD-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the exemption from ad valorem taxation of real property
1-3 owned by certain organizations chartered by the Congress of the
1-4 Republic of Texas.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 11.23, Tax Code, is amended by adding
1-7 Subsection (l) to read as follows:
1-8 (l) Organization chartered by Congress of the Republic of
1-9 Texas. An organization chartered by the Congress of the Republic
1-10 of Texas that has been in continuous existence since the date it
1-11 was chartered is entitled to an exemption from taxation of the real
1-12 property owned by the organization if:
1-13 (1) the organization is organized to perform and does
1-14 perform charitable, benevolent, or public service activities; and
1-15 (2) the property is used primarily for the charitable,
1-16 benevolent, or public service activities of the organization and
1-17 not for the primary purpose of producing a profit.
1-18 SECTION 2. This Act takes effect January 1, 1996, but only
1-19 if the constitutional amendment proposed by the 74th Legislature,
1-20 Regular Session, 1995, relating to the exemption from ad valorem
1-21 taxation of certain property owned by certain organizations
1-22 chartered by the Congress of the Republic of Texas is approved by
1-23 the voters. If that amendment is not approved by the voters, this
1-24 Act has no effect.
2-1 SECTION 3. The importance of this legislation and the
2-2 crowded condition of the calendars in both houses create an
2-3 emergency and an imperative public necessity that the
2-4 constitutional rule requiring bills to be read on three several
2-5 days in each house be suspended, and this rule is hereby suspended.