Texas Comptroller of Public Accounts
Form
50-119
For more information, visit our website: comptroller.texas.gov/taxes/property-tax
Page 2
50-119 • 04-17/14
STEP 3: Applicant Information
________________________________________ __________________________ ___________________________
Name of Person Preparing this Application Title Driver’s License, Personal I.D. Certicate
or Social Security Number*
If this application is for property owned by a charitable organization with a federal tax identication number,
that number may be provided here in lieu of a driver’s license number, personal identication certicate
number or social security number:
........................................................... ___________________________
* Pursuant to Tax Code Section 11.48(a), a driver’s license, personal I.D. certicate, or social security number provided in an application for an exemption led with a chief
appraiser is condential 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).
STEP 4: 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 5: Questions About the School
1. Does anyone other than the owner operate the school? .........................................................
Yes
No
If yes, is the operator the former owner of the property?......................................................
Yes
No
2. Does the school maintain a regular faculty and curriculum? ......................................................
Yes
No
3. Does the school have a regularly organized body of students?....................................................
Yes
No
4. Do classes normally meet at one of the buildings to be exempted? ................................................
Yes
No
STEP 6: Questions About the School’s Finances
1. 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 prot? ........
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 note, if any.
2. Does the organization operate in such a manner that does not result in the accrual of distributable prots, the distribution
of prots or the realization of any other form of private gain?
.....................................................
Yes
No
STEP 7: Questions About the School’s Bylaws or Charter
Please attach a copy of the charter, bylaws or other documents adopted by the school which govern its affairs and answer the following questions.
1. Does the school use its assets in performing its educational functions or the educational functions of another
educational organization?.................................................................................
Yes
No
2.
Do these documents direct that on the discontinuance of the school, the school’s assets are to be transferred to
the State of Texas, the United States or to an educational, religious, charitable or other similar organization that is qualied
for exemption under Internal Revenue Code Section 501(c)(3), as amended?
........................................
Yes
No
If yes, provide the page and paragraph numbers: Page ___________ Paragraph ___________
STEP 8: Certication and Signature
By signing this application, you designate the property described in the attached Schedules A and B as the property against which the private school
exemption 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 knowl-
edge 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.
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