The authority's property is exempt from taxation because it is held for public purposes only and devoted exclusively to the use and benefit of the public.
Tex. Health & Safety Code § 262.004
TAX EXEMPTION
Known as the Hospital Authority Act
The act spans §§ 262–262 (42 sections).
Applied in 1 court decision — leading case Texas Student Housing Authority v. Brazos County Appraisal District and Appraisal Review Board for Brazos County Appraisal District (2015)
Most recently applied in Texas Student Housing Authority v. Brazos County Appraisal District and Appraisal Review Board for Brazos County Appraisal District (April 2015)
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.