Form 50-140 Application for Transitional Housing Property Tax Exemption - Texas

What Is Form 50-140?

This is a legal form that was released by the Texas Comptroller of Public Accounts - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 50-140?
A: Form 50-140 is the Application for Transitional Housing Property Tax Exemption in Texas.

Q: What is the purpose of Form 50-140?
A: The purpose of Form 50-140 is to request a property tax exemption for transitional housing properties in Texas.

Q: Who is eligible for a transitional housing property tax exemption?
A: Non-profit organizations that operate transitional housing properties in Texas may be eligible for this exemption.

Q: What information is required on Form 50-140?
A: Form 50-140 requires information about the non-profit organization, the transitional housing property, and supporting documentation.

Q: Are there any fees associated with filing Form 50-140?
A: There are no fees associated with filing Form 50-140.

Q: Is there a deadline for filing Form 50-140?
A: Yes, Form 50-140 must be filed on or before April 30th of each year.

Q: What happens after I submit Form 50-140?
A: The local county appraisal district will review the application and determine eligibility for the property tax exemption.

Q: How long does the property tax exemption last?
A: The property tax exemption is granted for a period of five years, subject to annual review and renewal.