Relating to an exemption from ad valorem taxation of a portion of the appraised value of certain real property used to provide housing to certain individuals with an intellectual disability or related conditions.
Impact
The introduction of HB 850 signifies a potential change in how Texas supports housing for those with intellectual disabilities. By exempting a portion of property value from taxes, the bill encourages the establishment and operation of group homes, which can lead to increased availability of housing options for individuals in need. Furthermore, this could enhance the quality of care, as facilities can allocate more funds to improve living conditions and services for residents.
Summary
House Bill 850 provides for an exemption from ad valorem taxation on a portion of the appraised value of real property used for housing individuals with intellectual disabilities or related conditions. The bill specifically targets group homes and intermediate care facilities that serve these populations, offering tax relief based on operating costs incurred by the property owner. This initiative aims to alleviate the financial burden on providers of such services, enabling them to better support vulnerable populations within the state.
Sentiment
The sentiment surrounding HB 850 appears largely positive, particularly among advocates for people with disabilities, who see the bill as a step toward ensuring equitable support for individuals in need of specialized housing. Legislators expressed hopes that this measure would not only ease financial strains on group homes but also raise awareness about the challenges faced by individuals with intellectual disabilities and their families.
Contention
Notably, while the bill has garnered support for its intention to aid a marginalized population, there could be concerns regarding the overall fiscal impact on local tax revenues. Opponents may raise questions about the sustainability of these tax exemptions, and whether this could lead to reduced services in other areas funded by property taxes. These financial implications could spark debates among lawmakers as they consider the balance between supporting vulnerable groups and maintaining local government budgets.
Enabling for
Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation a portion of the assessed value of certain real property used to provide housing to certain individuals with disabilities.
Relating to an exemption from ad valorem taxation of a portion of the appraised value of a property that is the primary residence of an adult who has an intellectual or developmental disability and is related to the owner of the property within a certain degree by consanguinity.
Relating to an exemption from ad valorem taxation of a portion of the appraised value of a property other than a residence homestead that is the primary residence of an adult who has an intellectual or developmental disability and who must be related to the owner or trustee of the property within a certain degree by consanguinity.
Relating to a local option exemption from ad valorem taxation by a county or municipality of all or part of the appraised value of real property used to operate a child-care facility.
Relating to a local option exemption from ad valorem taxation by a county or municipality of all or part of the appraised value of real property used to operate a child-care facility.
Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income and a franchise tax credit for the payment of certain related ad valorem taxes.
Relating to an exemption from ad valorem taxation of the amount of the appraised value of real property that arises from the installation in the property of certain energy efficiency-related improvements.
Relating to an exemption from ad valorem taxation of a portion of the appraised value of the residence homesteads of certain elderly persons and their surviving spouses.
Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of a portion of the market value of a property that is the primary residence of an adult who has an intellectual or developmental disability and who must be related to the owner or trustee of the property within a certain degree by consanguinity.
Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of a portion of the market value of a property that is the primary residence of an adult who has an intellectual or developmental disability and is related to the owner of the property within a certain degree by consanguinity.