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HB 0989 - Ad Valorem Tax Exemptions - Charitable Organizations
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Tracking Level: Oppose
Sponsor: David Dreyer
Last Action: 2/23/2018 - House Second Readers
House Committee: Ways and Means
Assigned To:
Larry RamseyNext Bill
Property TaxNext Bill

Staff Analysis of the Legislation

This bill, if approved in a statewide referendum, will fundamentally alter the current ad valorem tax exemption for buildings of non profit charitable institutions. Presently, the law requires the building be used exclusively for charitable purposes. The bill eliminates that requirement entirely. In addition, it allows the building to be used for the primary or incidental purpose of securing income.


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






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