Bill Text: TX HJR191 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Proposing a constitutional amendment to exempt from ad valorem taxation 50 percent of the appraised value of the residence homestead of a person who has received a residence homestead exemption on the property for at least the preceding 10 years.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-23 - Referred to Ways & Means [HJR191 Detail]
Download: Texas-2023-HJR191-Introduced.html
88R13268 SHH-D | ||
By: Jones of Harris | H.J.R. No. 191 |
|
||
proposing a constitutional amendment to exempt from ad valorem | ||
taxation 50 percent of the appraised value of the residence | ||
homestead of a person who has received a residence homestead | ||
exemption on the property for at least the preceding 10 years. | ||
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 (y) to read as follows: | ||
(y) A person is entitled to an exemption from ad valorem | ||
taxation of 50 percent of the appraised value of the person's | ||
residence homestead if the person has received an exemption under | ||
this section for that residence homestead for at least the | ||
preceding 10 years. 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, | ||
Regular Session, 2023, to exempt from ad valorem taxation 50 | ||
percent of the appraised value of the residence homestead of a | ||
person who has received a residence homestead exemption for the | ||
property for at least the preceding 10 years. | ||
(b) Section 1-b(y), Article VIII, of this constitution | ||
takes effect January 1, 2024. | ||
(c) This temporary provision expires January 1, 2025. | ||
SECTION 3. 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 exempt from ad | ||
valorem taxation 50 percent of the appraised value of the residence | ||
homestead of a person who has received a residence homestead | ||
exemption for the property for at least the preceding 10 years." |