1-1 By: Montford S.B. No. 1654
1-2 (In the Senate - Filed April 18, 1995; April 18, 1995, read
1-3 first time and referred to Committee on Finance; April 20, 1995,
1-4 reported favorably by the following vote: Yeas 10, Nays 0;
1-5 April 20, 1995, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the exemption from ad valorem taxation of real property
1-9 owned by certain organizations chartered by the Congress of the
1-10 Republic of Texas.
1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-12 SECTION 1. Section 11.23, Tax Code, is amended by adding
1-13 Subsection (l) to read as follows:
1-14 (l) Organization Chartered by Congress of the Republic of
1-15 Texas. An organization chartered by the Congress of the Republic
1-16 of Texas that has been in continuous existence since the date it
1-17 was chartered is entitled to an exemption from taxation of the real
1-18 property owned by the organization if:
1-19 (1) the organization is organized to perform and does
1-20 perform charitable, benevolent, or public service activities; and
1-21 (2) the property is used primarily for the charitable,
1-22 benevolent, or public service activities of the organization and
1-23 not for the primary purpose of producing a profit.
1-24 SECTION 2. This Act takes effect January 1, 1996, but only
1-25 if the constitutional amendment proposed by the 74th Legislature,
1-26 Regular Session, 1995, relating to the exemption from ad valorem
1-27 taxation of certain property owned by certain organizations
1-28 chartered by the Congress of the Republic of Texas is approved by
1-29 the voters. If that amendment is not approved by the voters, this
1-30 Act has no effect.
1-31 SECTION 3. The importance of this legislation and the
1-32 crowded condition of the calendars in both houses create an
1-33 emergency and an imperative public necessity that the
1-34 constitutional rule requiring bills to be read on three several
1-35 days in each house be suspended, and this rule is hereby suspended.
1-36 * * * * *