Bill > H0301

This bill consolidates and clarifies provisions related to property tax exemptions for tax-exempt organizations, specifically focusing on when property is considered "prepared for use" for educational, literary, scientific, religious, or charitable purposes. It defines "affirmative steps" as concrete actions like obtaining permits, creating plans, or starting construction to show a commitment to a future exempt use, and clarifies that "charitable use" includes providing affordable housing. The bill introduces a mechanism where if property granted an exemption is not used for its intended exempt purpose within five years, or is transferred for a non-exempt use, the property appraiser can issue a notice of tax lien against other property owned by that organization, with penalties and 15% annual interest, though exceptions exist for clerical errors by the appraiser or if the organization continues to take affirmative steps. It also updates existing laws to align with these new provisions, including removing outdated language and ensuring consistency in definitions and procedures for various types of exemptions.