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HB 0427 -	Ad Valorem Taxes - Charitable Institution Exemption for Non-Profit Housing
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Tracking Level:

Oppose

Sponsor:

Park Cannon

Last Action:

2/25/2019 - House Second Readers

House Committee:

Ways and Means

Assigned To:

Larry Ramsey	Next Bill
Property Tax	Next Bill

Staff Analysis of the Legislation
This bill would exempt from ad valorem taxes multi-family housing properties that are owned by non-profit corporations and used to generate income for those non-profits.

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