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

Spectrum: Partisan Bill (Republican 1-0)

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."
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