85R1995 JG-D     By: Parker H.B. No. 755       A BILL TO BE ENTITLED   AN ACT   relating to the use by certain tax-exempt organizations of certain   payments made in connection with real property transfers to provide   educational activities through certain schools.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 5.202(c), Property Code, is amended to   read as follows:          (c)  The benefit described by Subsection (b)(9)(C) may   collaterally benefit:                (1)  a community composed of:                      (A) [(1)]  property that is adjacent to the   encumbered property; or                      (B) [(2)]  property a boundary of which is not   more than 1,000 yards from a boundary of the encumbered property; or                (2)  with respect to a payment to a school for   educational activities, property not described by Subdivision (1)   if:                      (A)  the encumbered property is located within the   school's assigned attendance zone; and                      (B)  the direct benefit to the encumbered property   is substantial.          SECTION 2.  This Act takes effect September 1, 2017.