Bill Text: TX HJR23 | 2017 | 85th Legislature 1st Special Session | Introduced

Texas House Joint Resolution 23 (Prior Session Legislation)

Introduced

Bill Title: Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2017-07-21 - Referred to Ways & Means [HJR23 Detail]

Download: Texas-2017-HJR23-Introduced.html

	85S10183 LHC-D

	By: Bell	H.J.R. No. 23



	A JOINT RESOLUTION
	proposing a constitutional amendment to authorize the legislature
	to limit the maximum appraised value of real property for ad valorem
	tax purposes.
	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 real property [~~a residence homestead~~] for ad
	valorem tax purposes in a tax year to the lesser of the most recent
	market value of the real property [~~residence homestead~~] as
	determined by the appraisal entity or 105 [~~110~~] percent, or a
	greater percentage, of the appraised value of the real property
	[~~residence homestead~~] for the preceding tax year. A limitation on
	appraised values authorized by this subsection:
	(1) takes effect in the tax year following the first
	tax year in which the owner owns the property on January 1 or, if the
	property qualifies for an exemption as the [~~to a~~] residence
	homestead of the owner under Section 1-b of this article in the tax
	year in which the owner acquires the property, in [~~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 in which the owner
	acquires [~~qualifies~~] the property [~~for an exemption under Section~~
	~~1-b of this article~~]; and
	(2) expires on January 1 of the [~~first~~] tax year
	following the tax year in which [~~that neither~~] the owner of the
	property when the limitation took effect ceases to own the
	property, except that the Legislature by general law may provide
	for the limitation applicable to a residence homestead to continue
	during ownership of the property by [~~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, 2017.
	The ballot shall be printed to permit voting for or against the
	proposition: "The constitutional amendment to authorize the
	legislature to limit the maximum appraised value of real property
	for ad valorem tax purposes to 105 percent or more of the appraised
	value of the property for the preceding tax year."