79R4420 MFC-D

By:  Smithee                                                      H.B. No. 1185



A BILL TO BE ENTITLED

AN ACT

relating to the extension of the period for which an incomplete 
improvement on real property owned by a nonprofit organization for 
use as a school may receive an exemption from ad valorem taxation.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 11.21(g), Tax Code, is amended to read as 
follows:       
	(g)  A property may not be exempted under Subsection (a)(2) 
for more than seven [five] years.
	SECTION 2.  Section 2.05, Chapter 288, Acts of the 78th 
Legislature, Regular Session, 2003, is repealed.
	SECTION 3.  This Act applies only to taxes imposed for a tax 
year beginning on or after the effective date of this Act.
	SECTION 4.  This Act takes effect January 1, 2006.