Texas Exempts Charitable Organizations’ Property From Ad Valorem Taxation

The Texas Governor signed a law amending the state tax code to exempt, from ad valorem taxation, property owned by certain charitable organizations that provide housing and related services to people age 62 and over. The law adds detailed requirements for organizations to qualify for the exemption. The act takes effect on Jan. 1, 2026. [H.B. 2525, enacted 06/20/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.