Bill
HB 2525
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.
89th Legislature (2025)
Introduced by Tom Craddick and 5 co-sponsors
Texas exempts nonprofit senior housing properties from property taxes if serving residents 62+, effective January 1, 2026, reducing local government revenue.
Effective on 1/1/26
#assistedlivingfacilities(s0617)
#aging(i0015)
#charitable&nonprofitorganizations(i0055)
#health--indigenthealthcare(i0386)
#nursinghomes(i0539)
#taxation--property-appraisals&appraisaldistricts(i0792)
#taxation--property-exemptions(i0793)