Relating to the eligibility of a charitable organization that provides affordable housing for female veterans and their dependents for an exemption from ad valorem taxation of certain property owned by the organization.
Impact
If enacted, HB 1028 would have a significant impact on the financial operations of charitable organizations focusing on female veterans. These organizations would benefit from reduced property tax liabilities, allowing them to allocate more resources toward providing housing services and support for their clients. Ultimately, this could enhance the availability and quality of housing solutions offered to female veterans and their families, aiming to improve their living conditions and reintegration into civilian life.
Summary
House Bill 1028 aims to amend the Texas Tax Code to grant property tax exemptions to certain charitable organizations that provide affordable housing specifically for female veterans and their dependents. The bill introduces a new section under Subsection (h) of Section 11.181 of the Tax Code, which allows such organizations to qualify for a tax exemption on both improved and unimproved real property. This change seeks to support the important mission of these organizations in helping female veterans access affordable living conditions.
Contention
The passage of HB 1028 could be met with varying opinions regarding tax policy and the prioritization of funding for veteran services. Proponents argue that supporting the housing needs of female veterans—who may face unique challenges compared to their male counterparts—is crucial for fostering equality and addressing homelessness within this demographic. Conversely, critics might raise concerns about the implications for local government revenues and how such exemptions could impact funding for essential community services.
Relating to the exemption from ad valorem taxation of property owned by a charitable organization that provides a meeting place and support services for organizations that provide assistance to persons with substance use disorders and their families.
Relating to an exemption from ad valorem taxation of property owned by a charitable organization that provides services related to the placement of a child in a foster or adoptive home.
Relating to the exemption from ad valorem taxation of certain property owned by a charitable organization that is engaged in providing housing and related facilities and services to persons who are at least 62 years of age.
Relating to the exemption from ad valorem taxation of certain property owned by a charitable organization that is engaged in providing housing and related facilities and services to persons who are at least 62 years of age.