Texas · 89th Legislature (2025) · Bill

HB 4240: Relating to the exemption from ad valorem taxation of property of a charitable organization that provides financial support for medical care at certain institutions of higher education.

Passed one chamber Last action May 16, 2025: Referred to Local Government

Plain-language summary

HB 4240 is a bill introduced in the Texas House on March 10, 2025. According to its official title, it concerns: Relating to the exemption from ad valorem taxation of property of a charitable organization that provides financial support for medical care at certain institutions of higher education. Primary sponsor: Cody Vasut (Republican), Terri Leo-Wilson (Republican), Dennis Paul (Republican). Most recent recorded action (May 16, 2025): Referred to Local Government.

Sponsors

Primary sponsors: Cody Vasut (Republican); Terri Leo-Wilson (Republican); Dennis Paul (Republican).