TX SB2170

Adds a new category (27) to the list of qualifying charitable functions under Texas Tax Code Section 11.18, specifically for organizations that provide financial support for medical care at institutions of higher education described in Education Code Section 63.101

Grants ad valorem (property) tax exemptions to charitable organizations engaged in this newly defined function, covering buildings, tangible personal property, and certain real property they own

Extends mineral interest tax exemptions (including royalty interests) to these organizations, provided the interest is either not severed from the surface estate or was donated by the previous owner

Takes effect January 1, 2026, and applies only to ad valorem tax years beginning on or after that date