Bill Text: TX HJR11 | 2011-2012 | 82nd Legislature | Introduced


Bill Title: Proposing a constitutional amendment authorizing the legislature to limit the maximum appraised value of certain residence homesteads for ad valorem tax purposes to the purchase price of the property and to limit the frequency of reappraisals of residence homesteads.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-03-18 - Referred to Ways & Means [HJR11 Detail]

Download: Texas-2011-HJR11-Introduced.html
  82R12230 CJC-D
 
  By: Farias H.J.R. No. 11
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment authorizing the legislature
  to limit the maximum appraised value of certain residence
  homesteads for ad valorem tax purposes to the purchase price of the
  property and to limit the frequency of reappraisals of residence
  homesteads.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1, Article VIII, Texas Constitution, is
  amended by adding Subsections (k) and (l) to read as follows:
         (k)  Notwithstanding Subsections (a), (b), and (i) of this
  section, for the tax year following the year in which the property
  was purchased, the Legislature by general law may limit the maximum
  appraised value of a residence homestead for ad valorem tax
  purposes to an amount that is less than the appraised value
  otherwise provided by law, but not less than the amount that the
  owner of the residence homestead paid for the property. The
  applicability of a general law enacted under this subsection must
  be limited to a bona fide purchaser for value of a property who
  qualifies the property for an exemption under Section 1-b of this
  article for the tax year following the year in which the person
  purchased the property and who applies for the limitation on
  appraised value under this subsection in the manner provided by
  law. The Legislature may prescribe or delegate to an appropriate
  public official or entity the authority to prescribe standards and
  procedures to administer a law enacted under this subsection,
  including criteria to be used to determine whether a person was a
  bona fide purchaser for value of a property.
         (l)  Notwithstanding Subsections (a), (b), and (i) of this
  section, the Legislature by general law may limit the frequency
  with which a residence homestead may be reappraised for ad valorem
  tax purposes.
         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 82nd Legislature,
  Regular Session, 2011, to authorize the legislature to limit the
  maximum appraised value of certain residence homesteads for ad
  valorem tax purposes to the purchase price of the property and to
  limit the frequency of reappraisals of residence homesteads.
         (b)  Sections 1(k) and (l), Article VIII, of this
  constitution take effect January 1, 2012, and apply only to a tax
  year that begins on or after that date.
         (c)  This temporary provision expires January 1, 2013.
         SECTION 3.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 8, 2011.
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment authorizing the
  legislature to limit the maximum appraised value of certain
  residence homesteads for ad valorem tax purposes to the purchase
  price of the property and to limit the frequency of reappraisals of
  residence homesteads."
feedback