Bill Text: TX HJR102 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation by one or more political subdivisions of this state a person's inventory held for sale at retail.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-03-17 - Referred to Ways & Means [HJR102 Detail]
Download: Texas-2015-HJR102-Introduced.html
| 84R9597 TJB-D | ||
| By: Button | H.J.R. No. 102 | |
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| proposing a constitutional amendment authorizing the legislature | ||
| to exempt from ad valorem taxation by one or more political | ||
| subdivisions of this state a person's inventory held for sale at | ||
| retail. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Article VIII, Texas Constitution, is amended by | ||
| adding Section 1-r to read as follows: | ||
| Sec. 1-r. The legislature by general law may exempt from ad | ||
| valorem taxation by one or more political subdivisions of this | ||
| state a person's inventory held for sale at retail, as defined by | ||
| general law. | ||
| SECTION 2. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held November 3, 2015. | ||
| The ballot shall be printed to permit voting for or against the | ||
| proposition: "The constitutional amendment authorizing the | ||
| legislature to exempt from ad valorem taxation by one or more | ||
| political subdivisions of this state a person's inventory held for | ||
| sale at retail." | ||
