Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 2956 revises property tax exemptions for charitable organizations. It eliminates the requirement for organizations to reapply every five years, instead allowing exemptions to continue unless revoked. Organizations must notify the comptroller of material changes, such as loss of nonprofit status. The bill also reinstates expired exemptions if the organization still qualifies, with refunds issued for taxes paid during the lapse.
Author
Tan Parker
Contact the Author
Sen. Tan Parker
Capitol Phone:
(512) 463-0112
Capitol Office:
EXT E1.608
E-Mail:
