86R5135 SMT-D
By: Rose H.B. No. 827
A BILL TO BE ENTITLED
AN ACT
relating to the exemption from ad valorem taxation of an
improvement that is necessary to support the continued use or
existence of a historic site.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 11.24, Tax Code, is amended to read as
follows:
Sec. 11.24. HISTORIC SITES AND RELATED PROPERTY. (a) The
governing body of a taxing unit by official action of the body
adopted in the manner required by law for official actions may
exempt from taxation part or all of the assessed value of a
structure or archeological site and the land necessary for access
to and use of the structure or archeological site, if the structure
or archeological site is:
(1) designated as a Recorded Texas Historic Landmark
under Chapter 442, Government Code, or a state archeological
landmark under Chapter 191, Natural Resources Code, by the Texas
Historical Commission; or
(2) designated as a historically or archeologically
significant site in need of tax relief to encourage its
preservation pursuant to an ordinance or other law adopted by the
governing body of the taxing unit.
(b) The governing body of a taxing unit by official action
of the body adopted in the manner required by law for official
actions may exempt from taxation part or all of the assessed value
of an improvement that is economically or physically necessary to
support the continued use or existence of a structure or
archeological site exempted under Subsection (a) and the land
necessary for access to and use of the improvement if the
improvement is:
(1) located on:
(A) the same parcel of property on which the
structure or archeological site is located; or
(B) a parcel of property that is adjacent to the
parcel described by Paragraph (A); and
(2) constructed in a manner that is consistent with
the architectural integrity of the structure or archeological site.
SECTION 2. This Act applies only to an ad valorem tax year
that begins on or after the effective date of this Act.
SECTION 3. This Act takes effect January 1, 2020.