Bill Text: TX HJR95 | 2019-2020 | 86th Legislature | Enrolled

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Bill Title: Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation precious metal held in a precious metal depository located in this state.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Enrolled - Dead) 2019-05-24 - Filed with the Secretary of State [HJR95 Detail]

Download: Texas-2019-HJR95-Enrolled.html

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H.J.R. No. 95

A JOINT RESOLUTION
proposing a constitutional amendment authorizing the legislature
to exempt from ad valorem taxation precious metal held in a precious
metal depository located in this state.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article VIII, Texas Constitution, is amended by
adding Section 1-p to read as follows:
Sec. 1-p. The legislature by general law may exempt from ad
valorem taxation precious metal held in a precious metal depository
located in this state. The legislature by general law may define
"precious metal" and "precious metal depository" for purposes of
this section.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 5, 2019.
The ballot shall be printed to provide for voting for or against the
proposition: "The constitutional amendment authorizing the
legislature to exempt from ad valorem taxation precious metal held
in a precious metal depository located in this state."
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.J.R. No. 95 was passed by the House on April
30, 2019, by the following vote: Yeas 140, Nays 5, 2 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.J.R. No. 95 was passed by the Senate on May
20, 2019, by the following vote: Yeas 27, Nays 4.
______________________________
Secretary of the Senate
RECEIVED: _____________________
Date
_____________________
Secretary of State