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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 RamseyNext Bill
Property TaxNext 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

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