Texas HB 649: Relating to an exemption from ad valorem taxation of real property owned by a charitable organization for the purpose of renting the property at below-market rates to low-income and moderate-income households.

Status: Referred to Ways & Means (as of 2021-03-01)

State: Texas · Session: 87 · Bill: HB 649

Subjects: Charitable & Nonprofit Organizations (I0055), Housing--Finance (I0407), Housing--General (I0405), Property Interests--Real Property (I0595), Taxation--Property-Appraisals & Appraisal Districts (I0792), Taxation--Property-Exemptions (I0793)

Sponsors: Guillen, Raymond

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