This Comment will address the current Texas property tax exemption for nonprofit organizations, its lack of exemption for nonproducing mineral interests, and the potential implications of the lack of such an exemption for nonprofit organizations with otherwise exempt land holdings. Taxation of nonproducing mineral interests held by non-profits has very real policy implications. Should tax assessors choose to pursue this route, it creates serious liabilities on certain nonprofit organizations with large, nonproducing mineral interests under their otherwise tax-exempt property. This Comment proposes that the Texas Legislature create a narrowly tailored extension of the non-profit organization property tax exemption for nonproducing mineral interests attached to otherwise exempt properties.
Protecting the Texas Nonprofit Property Tax Exemption: The Unintended Absence of a Nonproducing Mineral Exemption and Its Consequences,
Tex. A&M J. Real Prop. L.
Available at: https://scholarship.law.tamu.edu/journal-of-property-law/vol1/iss2/4