| Vote Recommendation | Economic Freedom | Property Rights | Personal Responsibility | Limited Government | Individual Liberty |
|---|---|---|---|---|---|
| Neutral | Neutral | Neutral | Neutral | Neutral | Neutral |
Relating to an exemption from ad valorem taxation of property owned by a charitable organization that provides services related to the placement of a child in a foster or adoptive home.
Passage of the bill would expand the list of charitable
functions that enable a charitable organization to qualify for a property tax
exemption to include places that provide services related to planning for the
placement of or placing children in foster or adoptive homes or provide support
or relief to women who are or may be pregnant and who are considering placing
their unborn children for adoption. As a result, taxable property values could
be reduced and the related costs to the Foundation School Fund could be
increased through the operation of the school finance formulas.
SB 734 would add to the list of eligible organizations that may qualify for an ad valorem tax exemption, a charitable organization that provides services related to the placement of a child in a foster or adoptive home or that provides relief to women who are pregnant and are considering placing their child up for adoption.
Texas Action is neutral SB 734. While we typically oppose special tax carveouts for various groups, this bill would bring the treatment of a charitable organization that provides services to help foster children more in-line with the way many similar charities are treated.