The bill amends the Texas Tax Code to expand the exemption from ad valorem taxation for charitable organizations. Specifically, it allows organizations that provide financial support for medical care at certain institutions of higher education to qualify for this exemption. The amendments include the addition of a new category under which charitable organizations can be recognized, specifically those that provide financial support for medical care at institutions of higher education as described in Section 63.101 of the Education Code. This new provision is marked as insertion (27) in the bill.

Additionally, the bill removes the previous reference to the category (19) in the list of qualifying charitable functions, which is now replaced with the new provision. The changes will take effect on January 1, 2026, and will apply only to ad valorem tax years beginning on or after that date. This legislation aims to support charitable organizations that contribute to medical care in higher education settings by providing them with tax relief.

Statutes affected:
Introduced: Tax Code 11.18 (Tax Code 11)