SRC-HRD S.B. 1880 75(R)   BILL ANALYSIS


Senate Research Center   S.B. 1880
By: Barrientos
Finance
4-22-97
As Filed


DIGEST 

Not all veterans are successful after retiring from the service.  In fact,
some veterans lose their jobs and become homeless.  In addition, some of
these veterans have dependent families and children who are under their
care.  This bill would provide for an exemption from taxation of a
building or other structure that an organization owns and uses exclusively
to provide transitional shelter or housing to homeless persons who are
veterans of the armed forces of the United States or the dependents or
survivors of those veterans.   

PURPOSE

As proposed, S.B. 1880 provides an exemption from taxation for certain
organizations that assist veterans. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Chapter 11B, Tax Code, by adding Section 11.183, as
follows: 

Sec. 11.183.  PROPERTY USED TO PROVIDE TRANSITIONAL SHELTER OR HOUSING FOR
MILITARY VETERANS OR THEIR DEPENDENTS AND SURVIVORS. Provides that an
organization is entitled to an exemption from taxation of a building or
other structure that the organization owns and uses exclusively to provide
transitional shelter or housing to homeless persons who are veterans of
the armed forces of the United States or the dependents or survivors of
those veterans.  Provides that the exemption under Subsection (a) applies
to land and tangible property used in connection with the use of the
building or structure for a purpose authorized by Subsection (a) if the
use of the land or tangible personal property is reasonably necessary to
carry out that purpose.  Sets forth eligibility requirements for the
organization for an exemption under Subsection (a). 

SECTION 2. Amends Section 11.436(a), Tax Code, to authorize an
organization that acquires property that qualifies for an exemption under
Section 11.181(a) or 11.183(a) to apply for the exemption for the year of
acquisition not later than the 30th day after the date the organization
acquires the property, and the deadline provided by Section 11.43(d) does
not apply to the application for that year. 

SECTION 3. Amends Section 26.111(a), Tax Code, to make conforming changes.

SECTION 4. Effective date: January 1, 1999.

SECTION 5. Emergency clause.