Bill Text: TX HJR161 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation by a political subdivision located wholly or partly in a populous county of a specified dollar amount, or a greater dollar amount specified by the governing body of the political subdivision, of the assessed value of a residence homestead.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-15 - Referred to Ways & Means [HJR161 Detail]
Download: Texas-2023-HJR161-Introduced.html
88R10136 DRS-D | ||
By: Cook | H.J.R. No. 161 |
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proposing a constitutional amendment authorizing the legislature | ||
to provide for an exemption from ad valorem taxation by a political | ||
subdivision located wholly or partly in a populous county of a | ||
specified dollar amount, or a greater dollar amount specified by | ||
the governing body of the political subdivision, of the assessed | ||
value of a residence homestead. | ||
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 1-b, Article VIII, Texas Constitution, | ||
is amended by adding Subsection (x) to read as follows: | ||
(x) In addition to any other exemption authorized or | ||
prescribed by this section, the legislature by general law may | ||
provide for an exemption from ad valorem taxation by a political | ||
subdivision of this state located wholly or partly in a county with | ||
a population of 200,000 or more of $25,000, or a greater dollar | ||
amount specified by the governing body of the political subdivision | ||
in the manner provided by law for official action by the body, of | ||
the assessed value of an individual's residence homestead. Where | ||
ad valorem tax has previously been pledged for the payment of debt, | ||
the taxing officers of a political subdivision may continue to levy | ||
and collect the tax against the value of the residence 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. | ||
SECTION 2. This proposed constitutional amendment shall be | ||
submitted to the voters at an election to be held November 7, 2023. | ||
The ballot shall be printed to permit voting for or against the | ||
proposition: "The constitutional amendment authorizing the | ||
legislature to provide for an exemption from ad valorem taxation by | ||
a political subdivision located wholly or partly in a populous | ||
county of a specified dollar amount, or a greater dollar amount | ||
specified by the governing body of the political subdivision, of | ||
the assessed value of a residence homestead." |