TO: | Honorable Fred Hill, Chair, House Committee on Local Government Ways and Means |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB1278 by Zedler (Relating to an exemption from ad valorem taxation for property owned by a religious organization for purposes of expanding a religious facility or constructing a new religious facility.), Committee Report 1st House, As Amended |
The bill would amend Section 11.20 of the Tax Code to exempt from property taxation property owned by a church or religious society that owned an actual place of worship, if the property were owned for the purpose of expanding an existing place of worship or constructing a new place of worship and the property yielded no revenue.
Source Agencies: | 304 Comptroller of Public Accounts
|
LBB Staff: | JK, SD, WP, BR
|