Texas HB1035 amends the Tax Code to modify the criteria for a local option exemption from ad valorem taxation of real property used to operate a.

Texas HB1035 amends the Tax Code to revise the criteria for a local option exemption from ad valorem taxation of real property used to operate a child-care facility. The bill specifies that an exemption can be claimed if the property is subject to a net lease where the lessee is responsible for paying ad valorem taxes, or if the facility participates in the Texas Workforce Commission's Texas Rising Star Program and at least 20% of enrolled children receive subsidized child-care services.

Texas HB1035 amends the Tax Code to modify the criteria for a local option exemption from ad valorem taxation of real property used to operate a.

Texas HB1035 amends the Tax Code to revise the criteria for a local option exemption from ad valorem taxation of real property used to operate a child-care facility. The bill specifies that an exemption can be claimed if the property is subject to a net lease where the lessee is responsible for paying ad valorem taxes, or if the facility participates in the Texas Workforce Commission's Texas Rising Star Program and at least 20% of enrolled children receive subsidized child-care services.