Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 131 modifies procedures for maintaining ad valorem tax exemptions for property owned by charitable organizations under Tax Code §11.184. It removes the requirement to reapply every five years and replaces it with continuous eligibility unless ownership or qualification changes. It provides for reinstatement of lapsed exemptions and refunds for improperly assessed taxes if conditions are met.
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