Bill Text: TX HJR120 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Proposing a constitutional amendment requiring any increase in a franchise tax rate to be approved by two-thirds of all the members elected to each house of the legislature.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-03-18 - Referred to Ways & Means [HJR120 Detail]
Download: Texas-2013-HJR120-Introduced.html
83R8120 KLA-D | ||
By: Branch | H.J.R. No. 120 |
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proposing a constitutional amendment requiring any increase in a | ||
franchise tax rate to be approved by two-thirds of all the members | ||
elected to each house of the legislature. | ||
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Article VIII, Texas Constitution, is amended by | ||
adding Section 29 to read as follows: | ||
Sec. 29. (a) A bill increasing any franchise tax rate above | ||
the rate in effect on the date the bill was filed may take effect | ||
only if passed by a record vote of two-thirds of all the members | ||
elected to each house of the legislature on final consideration in | ||
each house. | ||
(b) This section does not apply to a bill that amends: | ||
(1) the manner in which the franchise tax is computed; | ||
(2) the manner in which the franchise tax is | ||
administered or enforced; or | ||
(3) the applicability of the franchise tax. | ||
SECTION 2. This proposed constitutional amendment shall be | ||
submitted to the voters at an election to be held November 5, 2013. | ||
The ballot shall be printed to provide for voting for or against the | ||
proposition: "The constitutional amendment requiring any increase | ||
in a franchise tax rate to be approved by two-thirds of all the | ||
members elected to each house of the legislature." |