2020 Exemptions for Non-Profits and Some Businesses

FBCAD Encourages Non-Profits and Some Businesses to File for Property Tax Exemptions

Fort Bend – The Fort Bend Central Appraisal District encourages non-profits and some businesses to file for property tax exemptions.

Non-profit organizations that qualify under Texas law to receive property tax exemptions must apply to the Fort Bend Central Appraisal District by April 30.

The April 30 deadline also applies to businesses that receive tax abatements granted by taxing units; ship inventory out of Texas that may be eligible for the freeport exemption; store certain goods in transit in warehouses that are moved within 175 days; construct, install or acquire pollution control property; own and operate energy storage systems; convert landfill-generated gas; or store offshore drilling equipment while not in use. If the last day for the performance of an act is a Saturday, Sunday or legal state or national holiday, the act is timely if performed on the next regular business day.

The non-profit organizations that are eligible for property tax exemptions include but are not limited to: certain charitable organizations, youth development organizations, religious organizations, non-profit private schools, cemeteries and veterans’ organizations. If a non-profit organization meets property tax exemption qualifications, the exemption can be approved immediately after the organization buys or acquires new property during the year.

Non-profit organizations must reapply if the property changes owners; if their qualifications for exemption change; or if they acquire new property. In most cases, after non-profit organizations are granted a property tax exemption, they do not have to reapply annually unless the chief appraiser asks them to file again.

“The Fort Bend Central Appraisal District wants to make sure that every organization eligible for an exemption receives one. I encourage organizations to review the information on our website regarding property tax exemptions. Our team is ready to help with questions regarding their eligibility and the exemptions process,” Chief Appraiser Jordan Wise said.

For more information about property tax exemptions that are available to businesses and non-profit organizations contact the Fort Bend Central Appraisal District at 281.344.8623 before April 30. Details are also available on the Comptroller’s Property Tax Assistance Division’s website at comptroller.texas.gov/taxes/property-tax/

The Fort Bend Central Appraisal District is a political subdivision of the State of Texas established in 1982 for the purpose of discovering and appraising property for ad valorem tax purposes for each taxing unit within the boundaries of the district. The district has approximately 376,000 accounts to appraise each year with a total market value of approximately $107 billion. The Fort Bend Central Appraisal District serves approximately 215 taxing units. For further information, visit www.fbcad.org.