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A BILL TO BE ENTITLED
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AN ACT
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relating to the eligibility of a charitable organization that |
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provides affordable housing for female veterans and their |
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dependents for an exemption from ad valorem taxation of certain |
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property owned by the organization. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.181, Tax Code, is amended by adding |
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Subsection (h) to read as follows: |
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(h) An organization that provides affordable housing for |
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female veterans and their dependents is entitled to an exemption |
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under Subsection (a) for improved or unimproved real property owned |
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by the organization for the purpose of that subsection if the |
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organization meets the requirements of that subsection. |
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SECTION 2. This Act takes effect September 1, 2015. |