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HB 0313 - Ad Valorem Taxation - Exemption for Certain Charitable Institutions
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Tracking Level: Neutral
Sponsor: Spencer Frye (D)
Last Action: 2/19/2019 - House Second Readers
House Committee: Ways and Means
Assigned To:
Larry RamseyNext Bill
Property TaxNext Bill

Staff Analysis of the Legislation

This bill would exempt from ad valorem taxation real property held by a tax-exempt charity for the purpose of building/repairing single-family homes that will be financed by that charity to individuals using no-interest loans. This bill is specifically designed for Habitat for Humanity. The text of this bill has been added to HB 344.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text






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