Bill

SB 1345

85(R) - 2017
Senate Finance
Read Bill & Check Bill Status
Senate Finance
Charities
Finance
Nonprofit Organizations
Property taxes

Vote Recommendation

No
  • Neutral
  • Neutral
  • Neutral
  • Negative
  • Neutral

Author(s)

Kirk Watson

Bill Caption

Relating to the exemption from ad valorem taxation of property owned by a charitable organization and used to provide tax return preparation and other financial services without regard to the beneficiaries' ability to pay.

Fiscal Notes

No significant fiscal implication to the State is anticipated.

Bill Analysis

SB 1345 would expand the exemption from ad valorem taxation to include organizations that provide, without regard to the beneficiaries' ability to pay, tax return preparation services and assistance for other financial matters. 

Vote Recommendation Notes

We have and continue to oppose bills that carve out one group over others as able to receive a tax exemption. Though, as with most exemptions, well intentioned, this bill would represent the furthering of an inequitable tax code. Continuously providing exemptions for specific groups of persons narrows the tax base and increases the tax burden on others who do not qualify for the exemption. 

For these reasons, we oppose SB 1345.