Bill Text: TX HJR11 | 2023 | 88th Legislature 2nd Special Session | Introduced

Texas House Joint Resolution 11 (Prior Session Legislation)

Introduced

Bill Title: Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem taxation.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2023-06-28 - Filed [HJR11 Detail]

Download: Texas-2023-HJR11-Introduced.html

	88S20041 RDS-D

	By: Bell of Montgomery	H.J.R. No. 11



	A JOINT RESOLUTION
	proposing a constitutional amendment to authorize the legislature
	to set a lower limit on the maximum appraised value of a residence
	homestead for ad valorem taxation.
	BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 1(i), Article VIII, Texas Constitution,
	is amended to read as follows:
	(i) Notwithstanding Subsections (a) and (b) 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 to the lesser of the most recent market value
	of the residence homestead as determined by the appraisal entity or
	105 [~~110~~] percent, or a greater percentage, of the appraised value
	of the residence homestead for the preceding tax year. A limitation
	on appraised values authorized by this subsection:
	(1) 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 an exemption under Section 1-b of this
	article; and
	(2) expires on January 1 of the first tax year that
	neither the owner of the property when the limitation took effect
	nor the owner's spouse or surviving spouse qualifies for an
	exemption under Section 1-b of this article.
	SECTION 2. This proposed constitutional amendment shall be
	submitted to the voters at an election to be held November 7, 2023.
	The ballot shall be printed to permit voting for or against the
	proposition: "The constitutional amendment to authorize the
	legislature to set a lower limit on the maximum appraised value of a
	residence homestead for ad valorem taxation."