Bill
Bill > SB1237
TX SB1237
Relating to the exemption from ad valorem taxation of certain property owned by a charitable organization that is engaged in providing housing and related facilities and services to persons who are at least 62 years of age.
summary
Introduced
02/12/2025
02/12/2025
In Committee
04/29/2025
04/29/2025
Crossed Over
Passed
Dead
Introduced Session
89th Legislature Regular Session
Bill Summary
AN ACT relating to the exemption from ad valorem taxation of certain property owned by a charitable organization that is engaged in providing housing and related facilities and services to persons who are at least 62 years of age.
AI Summary
This bill modifies Texas Tax Code Section 11.18 to expand property tax exemptions for charitable organizations that provide housing and services to people aged 62 and older. Specifically, the bill allows such organizations to qualify for a property tax exemption if they provide charitable housing and services equal to at least 4% of their net resident revenue, with two key conditions: either the organization must have been in existence for at least 20 years, or it must be under common control with an organization that meets that age requirement. The bill also defines "charitable housing and services" broadly, including housing in independent living, assisted living, and nursing facilities, as well as various supportive services like ministerial support, health care, social services, and educational services. The changes will apply to ad valorem (property) tax years beginning on or after the effective date of January 1, 2026. This modification aims to provide more flexibility for charitable organizations serving seniors by creating an additional pathway to obtain property tax exemptions based on the services they provide.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Committee report printed and distributed (on 04/29/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB1237 |
BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/SB01237S.htm |
Analysis (Senate Committee Report) | https://capitol.texas.gov/tlodocs/89R/analysis/html/SB01237S.htm |
Fiscal Note (Senate Committee Report) | https://capitol.texas.gov/tlodocs/89R/fiscalnotes/html/SB01237S.htm |
Analysis (Introduced) | https://capitol.texas.gov/tlodocs/89R/analysis/html/SB01237I.htm |
Fiscal Note (Introduced) | https://capitol.texas.gov/tlodocs/89R/fiscalnotes/html/SB01237I.htm |
BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/SB01237I.htm |
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