Bill Text: TX HJR10 | 2023 | 88th Legislature 3rd Special Session | Introduced


Bill Title: Proposing a constitutional amendment to exempt from ad valorem taxation the total market value of the residence homesteads of certain elderly persons and their surviving spouses.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2023-11-02 - Filed [HJR10 Detail]

Download: Texas-2023-HJR10-Introduced.html
  88S30138 MLH-D
 
  By: Bell of Montgomery H.J.R. No. 10
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment to exempt from ad valorem
  taxation the total market value of the residence homesteads of
  certain elderly persons and their surviving spouses.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1-b, Article VIII, Texas Constitution,
  is amended by adding Subsection (q) to read as follows:
         (q)  A person is entitled to an exemption from ad valorem
  taxation of the total market value of the person's residence
  homestead if the person is 72 years of age or older and the person
  has received an exemption under this section for the residence
  homestead for at least the preceding 10 years. The surviving spouse
  of a person who received an exemption under this subsection for the
  residence homestead of a person 72 years of age or older is entitled
  to an exemption from ad valorem taxation of the total market value
  of the same property if the deceased spouse died in a year in which
  the deceased spouse received the exemption, the surviving spouse
  was 55 years of age or older when the deceased spouse died, and the
  property was the residence homestead of the surviving spouse when
  the deceased spouse died and remains the residence homestead of the
  surviving spouse. Where ad valorem tax of a political subdivision
  has previously been pledged for the payment of debt, the taxing
  officers of the political subdivision may continue to levy and
  collect the tax against the value of residence homesteads exempted
  under this subsection until the debt is discharged if the cessation
  of the levy would impair the obligation of the contract by which the
  debt was created. The legislature shall provide for formulas to
  protect school districts against all or part of the revenue loss
  incurred by the implementation of this subsection. The legislature
  by general law may prescribe procedures for the administration of
  this subsection.
         SECTION 2.  The following temporary provision is added to
  the Texas Constitution:
         TEMPORARY PROVISION. (a)  This temporary provision applies
  to the constitutional amendment proposed by the 88th Legislature,
  3rd Called Session, 2023, to exempt from ad valorem taxation the
  total market value of the residence homesteads of certain elderly
  persons and their surviving spouses.
         (b)  Section 1-b(q), Article VIII, of this constitution
  takes effect January 1, 2025.
         (c)  This temporary provision expires January 1, 2026.
         SECTION 3.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 5, 2024.
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment to exempt from ad
  valorem taxation the total market value of the residence homestead
  of a person 72 years of age or older or the person's surviving
  spouse."
feedback