Bill Text: TX HJR108 | 2011-2012 | 82nd Legislature | Introduced

Texas House Joint Resolution 108 (Prior Session Legislation)

Introduced

Bill Title: Proposing a constitutional amendment authorizing the legislature to provide for a limitation on the appraised value for ad valorem tax purposes of certain residence homesteads of certain veterans.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2011-05-02 - Left pending in committee [HJR108 Detail]

Download: Texas-2011-HJR108-Introduced.html

	82R10995 TJB-D

	By: Madden	H.J.R. No. 108



	A JOINT RESOLUTION
	proposing a constitutional amendment authorizing the legislature
	to provide for a limitation on the appraised value for ad valorem
	tax purposes of certain residence homesteads of certain veterans.
	BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 1, Article VIII, Texas Constitution, is
	amended by adding Subsection (k) to read as follows:
	(k) Notwithstanding Subsections (a), (b), and (i) of this
	section, the Legislature by general law may limit the maximum
	appraised value of a residence homestead for ad valorem tax
	purposes in a tax year if the homestead is owned by a veteran of the
	armed services of the United States and was donated to or renovated
	for the veteran at no charge to the veteran. A limitation on
	appraised value authorized by this subsection must be the lesser of
	the most recent market value of the homestead as determined by the
	appraisal entity or, for a homestead donated to a veteran, the sum
	of the appraised value of the land and $150,000. For a homestead
	renovated at no charge to a veteran, the limitation on appraised
	value authorized by this subsection must be the lesser of the most
	recent market value of the homestead as determined by the appraisal
	entity or the appraised value of the property for the tax year
	preceding the renovation. A limitation on appraised value
	authorized by this subsection takes effect as to a residence
	homestead on the later of the effective date of the law imposing the
	limitation or January 1 of the tax year following the first tax year
	the owner qualifies the property for a limitation under this
	subsection and expires on January 1 of the first tax year that the
	owner no longer qualifies for a limitation under this subsection.
	SECTION 2. This proposed constitutional amendment shall be
	submitted to the voters at an election to be held November 8, 2011.
	The ballot shall be printed to permit voting for or against the
	proposition: "The constitutional amendment authorizing the
	legislature to provide for a limitation on the appraised value for
	ad valorem tax purposes of certain residence homesteads of certain
	veterans."