HB 131

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
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.
Author (1)
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