Bill Text: TX HJR142 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Proposing a constitutional amendment to abolish property taxes and limit the rates of state and local sales and use taxes.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-03-18 - Referred to Ways & Means [HJR142 Detail]
Download: Texas-2011-HJR142-Introduced.html
82R3729 ALL-D | ||
By: White | H.J.R. No. 142 |
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proposing a constitutional amendment to abolish property taxes and | ||
limit the rates of state and local sales and use 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 (k), (l), and (m) to read as follows: | ||
(k) A political subdivision of this state may not impose an | ||
ad valorem tax on real or personal property in this state for any | ||
purpose for any tax year beginning on or after January 1, 2012. | ||
(l) The state takes full responsibility for the guarantee of | ||
the repayment of all bonds issued by a county, municipality, school | ||
district, or other political subdivision and secured by the revenue | ||
from the ad valorem taxes imposed by those entities before January | ||
1, 2012. The legislature shall enact laws for the implementation of | ||
this subsection. | ||
(m) The state may not impose a sales and use tax for state | ||
purposes on any property or service that exceeds a rate of ___ | ||
percent of the sales price or value of the property or service. The | ||
maximum combined state and local sales and use tax rate may not | ||
exceed ___ percent of the sales price or value of the property or | ||
service. | ||
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 to abolish property | ||
taxes and limit the rates of state and local sales and use taxes." |