Bill: HB 2999, 85(R) - 2017

Committee

House Ways & Means

2nd Chamber Committee

Senate Finance

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Neutral Neutral Neutral Neutral Neutral Neutral

Author(s)

Dennis Bonnen

Sponsor(s)

Joan Huffman

Co-Sponsor(s)

Paul Bettencourt

Bill Caption

Relating to the exemption from ad valorem taxation of property owned by certain medical centers in certain counties.

Fiscal Notes

No fiscal implication to the State is anticipated.

Bill Analysis

Under current law, the property owned by a nonprofit corporation and held for use during the development of a medical center area in which the non-profit has donated land for the purposes of developing hospital, medical, and educational uses is exempt from the taxation.

HB 2999 would amend a subsection in current Tax Code to bracket this exemption to Harris County and would include research and other auxiliary uses such as benevolent, charitable, and educational functions as a qualifications for property held for use during the development of a medical center area in which the non-profit corporation has donated land is exempt from the taxation.

Vote Recommendation Notes

We oppose the creation of special preferential tax exemptions. However, this legislation merely changes the bracketing and eligibility qualifications for a current exemption and is more administrative than substantive in nature. For this reason we see no relationship between this bill and our liberty principles. We remain neutral. 
Source URL (retrieved on 04/23/2024 02:04 PM): http://reports.texasaction.com/bill/85r/hb2999?print_view=true