Form 50-214 "Application for Nonprofit Water Supply or Wastewater Service Corporation Property Tax Exemption" - Texas

What Is Form 50-214?

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.

Form Details:

  • Released on April 1, 2017;
  • The latest edition provided by the Texas Comptroller of Public Accounts;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form 50-214 by clicking the link below or browse more documents and templates provided by the Texas Comptroller of Public Accounts.

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Download Form 50-214 "Application for Nonprofit Water Supply or Wastewater Service Corporation Property Tax Exemption" - Texas

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Form
Texas Comptroller of Public Accounts
50-214
Application for Nonprofit Water Supply or Wastewater
Service Corporation Property Tax Exemption
_____________________________________________________________________
____________________________
Appraisal District’s Name
Phone (area code and number)
___________________________________________________________________________________________________
Address, City, State, ZIP Code
GENERAL INSTRUCTIONS: Pursuant to Tax Code Section 11.30, this application is for use in claiming a property tax exemption on property owned by a
corporation organized under Water Code Chapter 67, Nonprofit Water Supply or Sewer Service Corporations. The application applies to property owned on
Jan. 1 of this year or acquired during this year.
FILING INSTRUCTIONS: You must furnish all information and documentation required by this application so that the chief appraiser is able to determine
whether the statutory qualifications for the exemption have been met. This document and all supporting documentation must be filed with the appraisal
district office in each county in which the property is located. Do not file this document with the Texas Comptroller of Public Accounts. A directory with
contact information for appraisal district offices may be found on the Comptroller’s website.
APPLICATION DEADLINES: You must file the completed application with all required documentation beginning Jan. 1 and no later than April 30 of the year
for which you are requesting an exemption. If you acquired the property after Jan. 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 Jan. 1.
DUTY TO NOTIFY: If the chief appraiser grants the exemption, you do not need to reapply annually unless the chief appraiser requires it or 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 qualification for this exemption ends.
OTHER IMPORTANT INFORMATION
Pursuant to Tax Code Section 11.45, after considering this application and all relevant information, the chief appraiser may request additional information
from you. You must provide the additional information within 30 days of the request or the application is denied. For good cause shown, the chief appraiser
may extend the deadline for furnishing the additional information by written order for a single period not to exceed 15 days.
State the year for which you are applying for this exemption.
______________________________________
Tax Year
STEP 1: Information Organization
___________________________________________________________________________________________________
Mailing Address
_____________________________________________________________________
____________________________
City, State, ZIP Code
Phone (area code and number)
Organization is a (check one):
Partnership
Corporation
Other (specify):
______________________________________________________________________
If operated by a corporation, is the corporation organized under Water Code Chapter 67? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
STEP 2: Application Information
________________________________________
__________________________
___________________________
Name of Person Preparing this Application
Title
Driver’s License, Personal I.D. Certificate
or Social Security Number*
If this application is for property owned by a charitable organization with a federal tax identification number,
that number may be provided in lieu of a driver’s license number, personal identification certificate
__________________________
number or social security number: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
* Pursuant to Tax Code Section 11.48(a), a driver’s license, personal I.D. certificate or social security number provided in an application for an exemption
filed with a chief appraiser is confidential and not open to public inspection. The information may not be disclosed to anyone other than an employee of
the appraisal office who appraises property, except as authorized by Tax Code Section 11.48(b).
The Property Tax Assistance Division at the Texas Comptroller of Public Accounts provides property tax
For more information, visit our website:
comptroller.texas.gov/taxes/property-tax
information and resources for taxpayers, local taxing entities, appraisal districts and appraisal review boards.
50-214 • 04-17/13
Form
Texas Comptroller of Public Accounts
50-214
Application for Nonprofit Water Supply or Wastewater
Service Corporation Property Tax Exemption
_____________________________________________________________________
____________________________
Appraisal District’s Name
Phone (area code and number)
___________________________________________________________________________________________________
Address, City, State, ZIP Code
GENERAL INSTRUCTIONS: Pursuant to Tax Code Section 11.30, this application is for use in claiming a property tax exemption on property owned by a
corporation organized under Water Code Chapter 67, Nonprofit Water Supply or Sewer Service Corporations. The application applies to property owned on
Jan. 1 of this year or acquired during this year.
FILING INSTRUCTIONS: You must furnish all information and documentation required by this application so that the chief appraiser is able to determine
whether the statutory qualifications for the exemption have been met. This document and all supporting documentation must be filed with the appraisal
district office in each county in which the property is located. Do not file this document with the Texas Comptroller of Public Accounts. A directory with
contact information for appraisal district offices may be found on the Comptroller’s website.
APPLICATION DEADLINES: You must file the completed application with all required documentation beginning Jan. 1 and no later than April 30 of the year
for which you are requesting an exemption. If you acquired the property after Jan. 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 Jan. 1.
DUTY TO NOTIFY: If the chief appraiser grants the exemption, you do not need to reapply annually unless the chief appraiser requires it or 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 qualification for this exemption ends.
OTHER IMPORTANT INFORMATION
Pursuant to Tax Code Section 11.45, after considering this application and all relevant information, the chief appraiser may request additional information
from you. You must provide the additional information within 30 days of the request or the application is denied. For good cause shown, the chief appraiser
may extend the deadline for furnishing the additional information by written order for a single period not to exceed 15 days.
State the year for which you are applying for this exemption.
______________________________________
Tax Year
STEP 1: Information Organization
___________________________________________________________________________________________________
Mailing Address
_____________________________________________________________________
____________________________
City, State, ZIP Code
Phone (area code and number)
Organization is a (check one):
Partnership
Corporation
Other (specify):
______________________________________________________________________
If operated by a corporation, is the corporation organized under Water Code Chapter 67? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
STEP 2: Application Information
________________________________________
__________________________
___________________________
Name of Person Preparing this Application
Title
Driver’s License, Personal I.D. Certificate
or Social Security Number*
If this application is for property owned by a charitable organization with a federal tax identification number,
that number may be provided in lieu of a driver’s license number, personal identification certificate
__________________________
number or social security number: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
* Pursuant to Tax Code Section 11.48(a), a driver’s license, personal I.D. certificate or social security number provided in an application for an exemption
filed with a chief appraiser is confidential and not open to public inspection. The information may not be disclosed to anyone other than an employee of
the appraisal office who appraises property, except as authorized by Tax Code Section 11.48(b).
The Property Tax Assistance Division at the Texas Comptroller of Public Accounts provides property tax
For more information, visit our website:
comptroller.texas.gov/taxes/property-tax
information and resources for taxpayers, local taxing entities, appraisal districts and appraisal review boards.
50-214 • 04-17/13
Form
Texas Comptroller of Public Accounts
50-214
STEP 3: Property Information
Attach one Schedule A form for each parcel of real property to be exempt.
Attach one Schedule B form listing all personal property to be exempt.
STEP 4: Questions About the Organization’s Property
1. Is the organization’s property used to acquire, treat, store, transport, sell or distribute water? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
2. Is the organization’s property used to provide wastewater service? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
STEP 5: Questions About the Organization
1. Does the organization operate in such a manner that does not result in the accrual of distributable profits, the distribution
of profits or the realization of any other form of private gain? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
2. In the past year has the organization loaned funds to, borrowed funds from, sold property to or bought property from a
shareholder, director or member of the organization or had a shareholder or member sell an interest in the organization
for a profit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If yes, attach a description of each transaction. For sales, give buyer, seller, price paid, value of the property sold and date
of sale. For loans, give lender, borrower, amount borrowed, interest rate and term of loan. Attach a copy of the note, if any.
3. If operated by a corporation, is the corporation a nonprofit as defined by Texas Business Organization Code Chapter 22? . . . . . . . .
Yes
No
STEP 6: Questions About the Organization’s By-laws and Charter
1. If the organization is a corporation, does the corporation’s charter provide:
a. That no dividends shall ever be paid on the corporation’s stock? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
b. That all profits arising from the operation of the corporation’s business must be paid each year to cities, towns,
counties, other political subdivisions, private corporations and other persons who, during the past year, transacted
business with the corporation in direct proportion to the amount of business transacted? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
c. That no dividends will be paid while the corporation’s indebtedness remains unpaid?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
d. That the corporation’s directors may allocate the amount of annual profits they find are necessary for maintenance,
upkeep, operation and replacements? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
2. Do the bylaws of the organization provide that on dissolution of the organization the corporation’s assets remaining after
discharge of the corporation’s indebtedness shall finally be transferred to an entity that provides a water supply or
wastewater service, or both, that is exempt from property taxation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
STEP 7: Certification and Signature
By signing this application, you designate the property described in the attached Schedules A and B as the property against which the exemption
for nonprofit water supply or wastewater service corporation may be claimed in this appraisal district. You certify that the information provided in this
application is true and correct to the best of your knowledge and belief.
________________________________________________
________________________________________
Print Name
Title
________________________________________________
________________________________________
Authorized Signature
Date
If you make a false statement on this application, you could be found guilty of a Class A misdemeanor or a state jail felony under
Penal Code Section 37.10.
comptroller.texas.gov/taxes/property-tax
Page 2
For more information, visit our website:
50-214 • 04-17/13
Form
Texas Comptroller of Public Accounts
50-214
Schedule A: Description of Real Property
Complete one Schedule A form for each parcel of real property to be exempt. List only property owned by the organization. Attach all completed schedules
to the application for exemption.
___________________________________________________________________________________________________
Name of Property Owner
_____________________________________________________________
__________________________________
Legal Description of Property (if known)
Appraisal District Account Number (if known)
___________________________________________________________________________________________________
Describe the Primary use of the Property
1. Is the property currently under active construction or physical preparation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If yes, please answer the following questions:
If under construction, when will construction be completed?
____________________________
If under physical preparation, check which activity the organization has engaged in. (Check all that apply)
Architectural work
Soil testing
Site improvement work
Engineering work
Land clearing activities
Environmental or land use study
2. Is the incomplete improvement designed and intended to be used in the operation of the corporation for the purpose
of acquiring, treating, storing, transporting, selling or distributing water or to provide wastewater service? . . . . . . . . . . . . . . . . . . . . .
Yes
No
3. Is the land on which the incomplete improvement is located reasonably necessary for the use of the improvement
in the operation of the corporation as described in question 2 above? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
4. Does any portion of this property produce income? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If yes, attach a statement describing use of the revenue.
List all other individuals and organizations that used this property in the past year and provide the following information for each.
NAME
DATES USED
ACTIVITY
RENT PAID, IF ANY
Continue on additional sheets as needed.
comptroller.texas.gov/taxes/property-tax
Page 3
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50-214 • 04-17/13
Form
Texas Comptroller of Public Accounts
50-214
Schedule B: Description of Personal Property
Complete one Schedule B form for all personal property to be exempt. List only property owned by the organization. Continue on additional pages if necessary.
Attach completed schedule to the application for exemption.
___________________________________________________________________________________________________
Name of Property Owner
Is this property reasonably necessary for operation of the organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
ITEM
LOCATION
comptroller.texas.gov/taxes/property-tax
Page 4
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50-214 • 04-17/13
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