Form 50-119 - Application For Private School Property Tax Exemption
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50-119 (Rev. 8-03/9)
T
E
of Public
S
X
Accounts
[11.21 Rule 9.415]
YEAR
A
FORM
APPLICATION FOR PRIVATE SCHOOL PROPERTY TAX EXEMPTION
Appraisal district name
Phone (area code and number)
Address
This application covers property you owned or leased from a religious organization on January 1 of this year, or acquired during this year.
You must file the completed form between January 1 and April 30 of this year. If you acquire the property after January 1 of this year and
wish to qualify for the exemption this year, you must apply before the first anniversary of the date you acquired the property, or before
the first anniversary of the date any property was acquired after January 1. Be sure to attach any additional documents requested. If the
chief appraiser grants the exemption, you do not need to reapply annually, but you must reapply if the chief appraiser requires you to do
so, or if you want the exemption to apply to property not listed in this application. You must notify the chief appraiser in writing if and
when your right to this exemption ends. Return the completed form to the address above.
Name of school
Step 1:
Name and
Present mailing address
address of
school
City, town or post office, state, ZIP code
Phone (area code and number)
Name of person preparing this application
Driver’s License, Personal I.D. Certificate, or
Title
Social Security Number*:
Step 2:
Operator of school (check appropriate box)
Individual
Corporation
Association
School
operator
If operated by a corporation, is the corporation non-profit as defined
Yes
No
by the Texas Non-Profit Corporation Act (art. 1396-1.01 VACS et. seq.)? ............................................
Name of school owner
Mailing address if different from above
City, town or post office, state, ZIP code
Phone (area code and number)
Step 3:
Yes
No
1. Does anyone other than the owner operate the school? ..................................................................
Answer these
questions
Yes
No
If yes, is the operator the former owner of the property? ..................................................................
about the
school
Yes
No
2. Does the school maintain a regular faculty and curriculum? ............................................................
3. Does the school have a regularly organized body of students? ........................................................
Yes
No
Yes
No
4. Do classes normally meet at one of the buildings to be exempted? ................................................
Step 4:
In the past year has the organization loaned funds to, borrowed funds from, sold property to or
Answer these
bought property from a shareholder, director or member of the organization, or has a
questions
Yes
No
shareholder or member sold his interest in the organization for profit? .................................................
about the
school’s
If “YES,” attach a description of each transaction. For sales, give buyer, seller, price paid, value of
finances
the property sold and date of sale. For loans, give lender, borrower, amount borrowed, interest rate
and term of loan. Attach a copy of note, if any.
Attach a list of salaries and other compensation for services paid in the last year. Also list any funds
distributed to members, shareholders or directors in the last year. In each case, give recipient’s name,
type of service rendered or reason for payment and amounts paid.
Does the school operate in a manner which permits the accrual of profits or distribution of any
Yes
No
other form of private gain? ......................................................................................................................
Continue on Page 2
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