87R2503 TJB-D
By: Rodriguez H.B. No. 115
A BILL TO BE ENTITLED
AN ACT
relating to the exemption from ad valorem taxation of certain
property owned by a charitable organization and used in providing
housing and related services to certain homeless individuals.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 11.18(p), Tax Code, is amended to read as
follows:
(p) The exemption authorized by Subsection (d)(23) applies
only to property that:
(1) is owned by a charitable organization that has
been in existence for at least 12 years;
(2) is used to provide housing and related services to
individuals described by that subsection; and
(3) is located [on or consists of a single campus] in a
municipality with a population of more than 750,000 and less than
850,000 or within the extraterritorial jurisdiction of such a
municipality.
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, 2022.