Bill: SB 1345, 85(R) - 2017

Committee

Senate Finance

Vote Recommendation

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

Source URL (retrieved on 04/26/2024 05:04 AM): http://reports.texasaction.com/bill/85r/sb1345?print_view=true