Bill Text: TX HJR7 | 2021 | 87th Legislature 3rd Special Session | Introduced


Bill Title: Proposing a constitutional amendment to increase the maximum amount of the local option residence homestead exemption from ad valorem taxation by a political subdivision.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2021-09-17 - Filed [HJR7 Detail]

Download: Texas-2021-HJR7-Introduced.html
 
 
  By: Middleton H.J.R. No. 7
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment to increase the maximum amount
  of the local option residence homestead exemption from ad valorem
  taxation by a political subdivision.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1-b(e), Article VIII, Texas
  Constitution, is amended to read as follows:
         (e)  The governing body of a political subdivision[, other
  than a county education district,] may exempt from ad valorem
  taxation a percentage of the market value of the residence
  homestead of a married or unmarried adult, including one living
  alone. [In the manner provided by law, the voters of a county
  education district at an election held for that purpose may exempt
  from ad valorem taxation a percentage of the market value of the
  residence homestead of a married or unmarried adult, including one
  living alone.] The percentage may not exceed 100 [twenty] percent.  
  However, the amount of an exemption authorized pursuant to this
  subsection may not be less than $5,000 unless the legislature by
  general law prescribes other monetary restrictions on the amount of
  the exemption.  The legislature by general law may prohibit the
  governing body of a political subdivision that adopts an exemption
  under this subsection from reducing the amount of or repealing the
  exemption.  An eligible adult is entitled to receive other
  applicable exemptions provided by law.  Where ad valorem tax has
  previously been pledged for the payment of debt, the governing body
  of a political subdivision may continue to levy and collect the tax
  against the value of the 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 by general law may prescribe procedures for the
  administration of residence homestead exemptions.
         SECTION 2.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 8, 2022.  
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment to increase the maximum
  amount of the local option residence homestead exemption from ad
  valorem taxation by a political subdivision from 20 percent to 100
  percent."
feedback