TO: | Honorable Teel Bivins, Chair, Senate Committee on Finance |
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 that is leased for use as a school or that is owned with the intent of expanding or constructing a religious facility.), Committee Report 2nd House, Substituted |
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 was owned for the purpose of expanding an existing place of worship, constructing a new place of worship or was leased for use as a school as defined by Section 11.21, Tax Code, and the property yielded no revenue.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JK, SD, WP, BR
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