H.B. No. 2723 amends the Texas Tax Code by adding new provisions regarding exemptions from ad valorem taxation for certain properties used for human burial. Specifically, it introduces Subsection (t), which allows the chief appraiser of an appraisal district to grant an exemption even if a person does not apply for it, provided that the chief appraiser can ascertain through reasonable inspection that the property qualifies for the exemption and the owner is not identifiable. Additionally, Subsection (u) permits the chief appraiser to seek assistance from various governmental or nonprofit entities to help determine if a property meets the criteria for exemption.

The changes made by this Act will only apply to ad valorem tax years beginning on or after January 1, 2026, which is also the effective date of the legislation. This bill aims to streamline the process for granting tax exemptions for burial properties, ensuring that such properties are recognized and exempted from taxation even in cases where the owner is unknown or has not formally applied for the exemption.

Statutes affected:
Introduced: Tax Code 11.43 (Tax Code 11)
House Committee Report: Tax Code 11.43 (Tax Code 11)
Engrossed: Tax Code 11.43 (Tax Code 11)
Senate Committee Report: Tax Code 11.43 (Tax Code 11)
Enrolled: Tax Code 11.43 (Tax Code 11)