SB547 — Relating to the period for which certain property acquired by a charitable organization to provide low-income housing may be exempted from ad valorem taxation.

SB547 — Relating to the period for which certain property acquired by a charitable organization to provide low-income housing may be exempted from ad valorem taxation. · Informed CitizenryThis bill amends the Tax Code to change the duration of ad valorem tax exemptions for property acquired by charitable organizations to provide low-income housing. Specifically, it proposes to exten…Open in Informed Citizenry