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 | |
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| 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." | ||
