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      By: Harless (Senate Sponsor - Bettencourt) H.B. No. 4580          (In the Senate - Received from the House May 14, 2025;   May 14, 2025, read first time and referred to Committee on Local   Government; May 26, 2025, reported adversely, with favorable   Committee Substitute by the following vote:  Yeas 7, Nays 0;   May 26, 2025, sent to printer.) Click here to see the committee vote     COMMITTEE SUBSTITUTE FOR H.B. No. 4580 By:  Paxton     A BILL TO BE ENTITLED   AN ACT     relating to the exemption from ad valorem taxation of property   owned by certain nonprofit corporations and used to promote   agriculture, support youth, and provide educational support in the   community.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 11.23, Tax Code, is amended by adding   Subsection (n) to read as follows:           (n)     Promotion of Agriculture, Support of Youth, and   Provision of Educational Support in Populous Counties.   In a county   with a population of 3.3 million or more, all real and personal   property owned by a nonprofit corporation, as that term is defined   by Section 22.001, Business Organizations Code, organized   exclusively for charitable, educational, and scientific purposes,   and held for use in promoting agriculture, supporting youth, and   providing educational support in the community is exempt from all   ad valorem taxation.   This subsection does not exempt from ad   valorem taxation any interest in real or personal property,   including a leasehold or other possessory interest, of a for-profit   lessee of property for which a nonprofit corporation is entitled to   an exemption from taxation under this subsection.          SECTION 2.  This Act applies only to an ad valorem tax year   that begins on or after the effective date of this Act.          SECTION 3.  This Act takes effect January 1, 2026.     * * * * *