By Reyna of Bexar H.B. No. 1557 77R6123 GJH-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the exemption from ad valorem taxation of property of 1-3 certain retirement communities that qualify as charitable 1-4 organizations. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Section 11.18, Tax Code, is amended by adding 1-7 Subsection (o) to read as follows: 1-8 (o) To qualify as a charitable organization under Subsection 1-9 (d)(19), a retirement community must have an admissions policy that 1-10 requires that admission be open to the public on a 1-11 nondiscriminatory basis, subject only to reasonable restrictions 1-12 relating to the availability of facilities or services, an 1-13 applicant's age, or the financial or medical needs of an applicant. 1-14 SECTION 2. This Act takes effect January 1, 2002, and 1-15 applies only to ad valorem taxes imposed for a tax year beginning 1-16 on or after that date.