Ordinance amending Chapter 44 of the Code of Ordinances to add a new property tax exemption equal to 100% of the appraised value of qualifying child-care facilities for Tax Year 2024 and each year thereafter.
Texas Proposition 2 was approved on November 7, 2023, and amended the Texas Constitution to allow the Legislature to authorize an exemption from taxation of at least 50% of the appraised value of qualifying child-care facilities. In the 88th legislative session, the Legislature passed and the Governor signed into law, Senate Bill 1145, which added a new section to Chapter 11 of the Tax Code and allowed the governing body of a municipality to exempt from ad valorem taxation all or part of, but not less than 50%, of the appraised value of real property a person owns and operates, or leases to a person who operates, as a qualifying child-care facility.
This Ordinance amends Chapter 44 of the Code of Ordinances by adding a new section 44-30 to adopt a property tax exemption for qualifying child-care facilities, as defined by Chapter 11 of the Tax Code. Accordingly, it is recommended that the City Council pass an ordinance that adds Section 44-30 to the Code of Ordinances and authorizes an exemption of 100% of the appraised value of qualifying child-care facilities starting with Tax Year 2024.
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Melissa Dubowski, Chief Business Officer/Director of Finance