HB 122

Relating to the exemption from ad valorem taxation of property owned by certain nonprofit corporations, located in a populous county, and used to promote agriculture, support youth, and provide educational support in the community.

Principle Criteria

Free Enterprise

Property Rights

Personal Responsibility

Limited Government

Individual Liberty

Digest

HB 122 provides a property tax exemption for real and personal property owned by nonprofit corporations in counties with populations over 3.3 million (e.g., Harris County). Eligible nonprofits must be organized for charitable, educational, and scientific purposes and use the property to promote agriculture, support youth, and provide community education. For-profit lessees are excluded from the exemption.

Author (1)

Sam Harless

Contact the Author

Rep. Sam Harless

Capitol Phone:

(512) 463-0496

Capitol Office:

CAP GW.6

E-Mail:

[email protected]

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