Bill Text: TX HJR7 | 2023 | 88th Legislature 3rd Special Session | Introduced
Bill Title: Proposing a constitutional amendment to abolish ad valorem taxes.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-10-19 - Filed [HJR7 Detail]
Download: Texas-2023-HJR7-Introduced.html
| By: Harrison | H.J.R. No. 7 | |
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| proposing a constitutional amendment to abolish ad valorem taxes. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 1, Article VIII, Texas Constitution, is | ||
| amended by adding Subsections (b-1) and (b-2) to read as follows: | ||
| (b-1) A political subdivision of this state may not impose | ||
| an ad valorem tax on real or personal property in this state for any | ||
| purpose on or after January 1, 2029. | ||
| (b-2) The state takes full responsibility for the guarantee | ||
| of the repayment of all bonds issued by a school district before May | ||
| 4, 2024, and secured by the revenue from the ad valorem taxes | ||
| imposed by those entities before January 1, 2029. The legislature | ||
| shall enact laws for the implementation of this subsection. | ||
| SECTION 2. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held May 4, 2024. The | ||
| ballot shall be printed to permit voting for or against the | ||
| proposition: "The constitutional amendment to abolish ad valorem | ||
| taxes." | ||
