TX SB2260

Requires owners of multifamily residential developments receiving tax exemptions under public facility corporations, housing authorities, or housing finance corporations to submit annual disclosure forms to their county appraisal district by April 30 each year via certified mail

Mandates disclosures include development name and address, principal owners and ownership shares, total residential units, appraised value, dollar amount of tax exemption received, affordability information (income-restricted units breakdown, rent differentials, and number of Section 8 housing voucher participants)

Conditions continued tax exemption eligibility on timely submission of the required annual disclosure, meaning developments that fail to comply lose their exemption for that tax year

Requires appraisal districts to verify disclosure accuracy and submit reviewed disclosures to the Texas Department of Housing and Community Affairs by September 1 annually, with the department compiling data sets to be posted on the Texas Open Data Portal

Requires the department to submit an annual written report summarizing the compiled data to the legislature by December 1 each year, with the first disclosure due April 30, 2026, and first report due December 1, 2026