|
|
|
|
AN ACT
|
|
relating to the use by certain tax-exempt organizations of certain |
|
payments made in connection with real property transfers to provide |
|
educational activities through certain schools. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 5.202(c), Property Code, is amended to |
|
read as follows: |
|
(c) The benefit described by Subsection (b)(9)(C) may |
|
collaterally benefit: |
|
(1) a community composed of: |
|
(A) [(1)] property that is adjacent to the |
|
encumbered property; or |
|
(B) [(2)] property a boundary of which is not |
|
more than 1,000 yards from a boundary of the encumbered property; or |
|
(2) with respect to a payment to a school for |
|
educational activities, property not described by Subdivision (1) |
|
if the encumbered property is located within: |
|
(A) the school's assigned attendance zone; and |
|
(B) a county with a population of more than |
|
650,000 that is adjacent to two counties, each of which has a |
|
population of more than 1.8 million. |
|
SECTION 2. This Act takes effect September 1, 2017. |
|
|
|
______________________________ |
______________________________ |
|
President of the Senate |
Speaker of the House |
|
|
|
I certify that H.B. No. 755 was passed by the House on April |
|
20, 2017, by the following vote: Yeas 144, Nays 0, 2 present, not |
|
voting. |
|
|
|
______________________________ |
|
Chief Clerk of the House |
|
|
|
I certify that H.B. No. 755 was passed by the Senate on May |
|
24, 2017, by the following vote: Yeas 31, Nays 0. |
|
|
|
______________________________ |
|
Secretary of the Senate |
|
APPROVED: _____________________ |
|
Date |
|
|
|
_____________________ |
|
Governor |