Bill > HB3621

This bill allows counties and municipalities to offer a local option property tax exemption of at least 50% of the appraised value of real property used to operate a "qualifying child-care facility." A qualifying facility must participate in the Texas Rising Star Program and have at least 20% of enrolled children receiving subsidized child care services. The property must be used exclusively for developmental and educational services for children attending the facility, with some exceptions for incidental uses that benefit the children or staff. Landlords who lease property to a qualifying child-care facility can also claim the exemption, provided they pass the tax savings on to the tenant through reduced rent. The exemption would apply beginning in the 2024 tax year, but only if a related constitutional amendment is approved by Texas voters.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HB3621