Sec. 2165.213. AD VALOREM TAXATION. (a) Space leased to a private tenant is subject to ad valorem taxation in accordance with Section 11.11(d), Tax Code.
(b) The space is not subject to taxation if:
(1) the private tenant would be entitled to an exemption from taxation of the space if the tenant owned the space instead of leasing it; or
(2) the tenant uses the space for a child care facility.
Added by Acts 1995, 74th Leg., ch. 41, Sec. 1, eff. Sept. 1, 1995.
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