Bill Text: TX HJR117 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Proposing a constitutional amendment relating to the eligibility of property to continue to receive a residence homestead exemption from ad valorem taxation for not more than three years after the property ceases to be the owner's principal residence if the property is being offered for sale.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-03-10 - Referred to Ways & Means [HJR117 Detail]
Download: Texas-2011-HJR117-Introduced.html
| 82R374 SMH-D | ||
| By: Bonnen | H.J.R. No. 117 | |
|
|
||
| proposing a constitutional amendment relating to the eligibility of | ||
| property to continue to receive a residence homestead exemption | ||
| from ad valorem taxation for not more than three years after the | ||
| property ceases to be the owner's principal residence if the | ||
| property is being offered for sale. | ||
| 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 (j) to read as follows: | ||
| (j) The legislature by general law may provide for the owner | ||
| of a qualified residential structure and the land and improvements | ||
| used in the residential occupancy of the structure for which the | ||
| owner receives an exemption under this section to continue to | ||
| receive the exemption for not more than three years after the owner | ||
| ceases to occupy the structure as the owner's residence homestead | ||
| regardless of whether the owner establishes a different principal | ||
| residence for which the owner receives an exemption under this | ||
| section if the structure for which the owner received the exemption | ||
| is not occupied by or leased to any person, is being actively | ||
| offered for sale, and is not used for any business or commercial | ||
| purpose. If the property is subject to a limitation provided by law | ||
| under Subsection (d) or (h) of this section when the owner ceases to | ||
| occupy the structure as the owner's residence homestead, the | ||
| legislature may provide that the limitation continues in effect so | ||
| long as the residence homestead exemption continues in effect under | ||
| this subsection regardless of whether the owner establishes a | ||
| different principal residence for which the owner receives an | ||
| exemption under this section and regardless of whether all or a | ||
| proportionate amount of the limitation is transferred to that | ||
| residence. | ||
| SECTION 2. 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 relating to the | ||
| eligibility of property to continue to receive a residence | ||
| homestead exemption from ad valorem taxation for not more than | ||
| three years after the property ceases to be the owner's principal | ||
| residence if the property is being offered for sale." | ||
