LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 26, 2009 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB589 by Naishtat (Relating to the exemption from ad valorem taxation of property used by a charitable organization operating certain radio stations.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Chapter 11 of the Tax Code, relating to the exemption from ad valorem taxation of property used by a charitable organization operating certain radio stations. The bill would add operating a radio station that broadcasts educational, cultural, or other public interest programming, including classical music, and that has received, or been selected to receive, a grant from the Corporation for Public Broadcasting within the previous five years for activities that qualify an organization as charitable for the exemption of certain property from property tax. Most radio stations that could qualify under the proposed bill are owned by universities or communities, and are already exempt from property taxes. Further, the requirements for receiving a grant from the Corporation for Public Broadcasting are very strict, making it is unlikely that other non-public radio stations could qualify. There would be no significant cost to cities, counties, school districts, and the state. The bill would be effective January 1, 2010, and would only apply to a tax year that begins on or after the effective date. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, MN, SD, SJS
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 26, 2009
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB589 by Naishtat (Relating to the exemption from ad valorem taxation of property used by a charitable organization operating certain radio stations.), As Introduced
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB589 by Naishtat (Relating to the exemption from ad valorem taxation of property used by a charitable organization operating certain radio stations.), As Introduced
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB589 by Naishtat (Relating to the exemption from ad valorem taxation of property used by a charitable organization operating certain radio stations.), As Introduced
HB589 by Naishtat (Relating to the exemption from ad valorem taxation of property used by a charitable organization operating certain radio stations.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 11 of the Tax Code, relating to the exemption from ad valorem taxation of property used by a charitable organization operating certain radio stations. The bill would add operating a radio station that broadcasts educational, cultural, or other public interest programming, including classical music, and that has received, or been selected to receive, a grant from the Corporation for Public Broadcasting within the previous five years for activities that qualify an organization as charitable for the exemption of certain property from property tax. Most radio stations that could qualify under the proposed bill are owned by universities or communities, and are already exempt from property taxes. Further, the requirements for receiving a grant from the Corporation for Public Broadcasting are very strict, making it is unlikely that other non-public radio stations could qualify. There would be no significant cost to cities, counties, school districts, and the state. The bill would be effective January 1, 2010, and would only apply to a tax year that begins on or after the effective date.
The bill would amend Chapter 11 of the Tax Code, relating to the exemption from ad valorem taxation of property used by a charitable organization operating certain radio stations.
The bill would add operating a radio station that broadcasts educational, cultural, or other public interest programming, including classical music, and that has received, or been selected to receive, a grant from the Corporation for Public Broadcasting within the previous five years for activities that qualify an organization as charitable for the exemption of certain property from property tax.
Most radio stations that could qualify under the proposed bill are owned by universities or communities, and are already exempt from property taxes. Further, the requirements for receiving a grant from the Corporation for Public Broadcasting are very strict, making it is unlikely that other non-public radio stations could qualify. There would be no significant cost to cities, counties, school districts, and the state.
The bill would be effective January 1, 2010, and would only apply to a tax year that begins on or after the effective date.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: JOB, MN, SD, SJS
JOB, MN, SD, SJS