SB1237 — Relating to the exemption from ad valorem taxation of certain property owned by a charitable organization that is engaged in providing housing and related facilities and services to persons who are at least 62 years of age.

SB1237 — Relating to the exemption from ad valorem taxation of certain property owned by a charitable organization that is engaged in providing housing and related facilities and services to persons who are at least 62 years of age. · Informed CitizenrySB 1237 amends the Tax Code to modify the requirements for charitable organizations to receive exemptions from ad valorem taxation. Specifically, it updates the definitions and criteria for organiz…Open in Informed Citizenry