Sec. 379H.151. TAX EXEMPT STATUS OF LAND BANK PROPERTY. The real property of a land bank, including real property held by a land bank under a long-term lease contract with a community land trust, and the land bank's income and operations are exempt as public property used for public purposes from all license fees, recording fees, and all other taxes imposed by this state or by political subdivisions of this state.
Added by Acts 2021, 87th Leg., R.S., Ch. 780 (S.B. 1679), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 379H - Urban Land Bank Program in Municipality With Population of Two Million or More
Subchapter D. Acquisition and Disposition of Property
Section 379H.151. Tax Exempt Status of Land Bank Property
Section 379H.152. Title Held by Land Bank
Section 379H.153. Quiet Title Actions
Section 379H.154. Acquisition of Property Generally
Section 379H.155. Acquisition of Foreclosed or Seized Property
Section 379H.156. Redemption by Owner of Foreclosed Property
Section 379H.157. Disposition of Property Generally
Section 379H.158. Disposition of Property for Flood Control and Storm Water Drainage and Planning