Texas SB2170 exempts from ad valorem taxation the property of charitable organizations that provide financial support for medical care at certain.

Texas SB2170 amends the Tax Code to exempt from ad valorem taxation the property of charitable organizations that provide financial support for medical care at certain institutions of higher education. The bill specifies that the exemption applies to buildings and tangible personal property used exclusively by qualified charitable organizations. The changes in law apply only to an ad valorem tax year that begins on or after the effective date of this Act, which is January 1, 2026.

Texas SB2170 exempts from ad valorem taxation the property of charitable organizations that provide financial support for medical care at certain.

Texas SB2170 amends the Tax Code to exempt from ad valorem taxation the property of charitable organizations that provide financial support for medical care at certain institutions of higher education. The bill specifies that the exemption applies to buildings and tangible personal property used exclusively by qualified charitable organizations. The changes in law apply only to an ad valorem tax year that begins on or after the effective date of this Act, which is January 1, 2026.