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A BILL TO BE ENTITLED
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AN ACT
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relating to the exemption from ad valorem taxation of property |
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owned by organizations engaged primarily in performing charitable |
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functions. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.184(c), Tax Code, is amended to read |
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as follows: |
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(c) A [If approved under Subsection (b), a] qualified |
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charitable organization is entitled to an exemption from taxation |
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of: |
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(1) the buildings and other real property and the |
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tangible personal property that: |
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(A) are owned by the organization; and |
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(B) except as permitted by Subsection (d), are |
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used exclusively by the organization and other organizations |
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eligible for an exemption from taxation under this section or |
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Section 11.18; and |
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(2) the real property owned by the organization |
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consisting of: |
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(A) an incomplete improvement that: |
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(i) is under active construction or other |
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physical preparation; and |
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(ii) is designed and intended to be used |
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exclusively by the organization and other organizations eligible |
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for an exemption from taxation under this section or Section 11.18; |
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and |
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(B) the land on which the incomplete improvement |
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is located that will be reasonably necessary for the use of the |
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improvement by the organization and other organizations eligible |
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for an exemption from taxation under this section or Section 11.18. |
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SECTION 2. Section 11.184(b), Tax Code, is repealed. |
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SECTION 3. This Act applies only to ad valorem taxes imposed |
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for a tax year that begins on or after the effective date of this |
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Act. |
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SECTION 4. This Act takes effect January 1, 2010. |