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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
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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.
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