Bill > HB4580

This bill amends the Texas Tax Code to provide a property tax exemption for certain nonprofit organizations in counties with a population of 3.3 million or more. Specifically, the bill grants a full ad valorem (property) tax exemption to nonprofit corporations organized exclusively for charitable, educational, and scientific purposes, provided that the property is used to promote agriculture, support youth, and provide educational support in the community. The exemption does not apply to any for-profit lessee's interest in the property, meaning that if a for-profit entity leases part of the property, that portion would still be subject to taxation. The tax exemption will apply to ad valorem tax years beginning on or after the effective date of the bill, which is January 1, 2026. This legislation appears designed to provide financial relief and support to nonprofit organizations that contribute to agricultural, youth, and educational initiatives in large, populous counties, with Harris County (Houston) being the likely target given its population size.

Budget and Finance, Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB4580