Form 50-270 Application for Water Conservation Initiatives Property Tax Exemption - Texas

What Is Form 50-270?

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 50-270?
A: Form 50-270 is an application for the Water Conservation Initiatives Property Tax Exemption in Texas.

Q: What is the purpose of Form 50-270?
A: The purpose of Form 50-270 is to apply for a property tax exemption for water conservation initiatives in Texas.

Q: Who can use Form 50-270?
A: Property owners in Texas who have implemented water conservation initiatives on their property can use Form 50-270.

Q: What are water conservation initiatives?
A: Water conservation initiatives include measures or technologies that reduce water consumption or promote water conservation, such as rainwater harvesting systems or low-flow toilets.

Q: What is the benefit of the property tax exemption?
A: The property tax exemption reduces or eliminates the property taxes associated with the value that was added to the property by the water conservation initiatives.

Q: What documents do I need to submit with Form 50-270?
A: You may need to provide documentation such as receipts, engineering reports, or other evidence of the water conservation initiatives on your property.

Q: Is there a deadline for submitting Form 50-270?
A: Yes, Form 50-270 should be submitted to the county appraisal district office no later than April 30th of the year following the year in which the water conservation initiatives were implemented.