SRC-JJJ H.B. 2269 76(R)   BILL ANALYSIS


Senate Research Center   H.B. 2269
By: Hamric (Barrientos)
Finance
5/12/1999
Engrossed


DIGEST 

Currently, property owned by certain charitable organizations performing
certain functions is exempt from ad valorem taxation.  H.B. 2269 would
include the exemption from ad valorem taxation of property owned by certain
charitable organizations performing certain functions.   

PURPOSE

As proposed, H.B. 2269 includes the exemption from ad valorem taxation of
property owned by certain charitable organizations performing certain
functions.   

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 Section 11.18(d), Tax Code, to require a charitable
organization to be organized exclusively to perform religious, charitable,
scientific, literary, or educational purposes and, except as permitted by
Subsection (h) of this section, to engage exclusively in performing certain
charitable functions, including providing housing on a cooperative basis to
students of an institution of higher education if certain conditions exist
regarding the organization's tax exemption status  and membership.  Makes
conforming and nonsubstantive changes. 

SECTION 2.  Effective date: January 1, 2000.

SECTION 3.  Emergency clause.