Bill Text: TX HJR145 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Proposing a constitutional amendment to abolish ad valorem taxes.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-15 - Referred to Ways & Means [HJR145 Detail]
Download: Texas-2023-HJR145-Introduced.html
By: Harrison | H.J.R. No. 145 |
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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 | ||
November 7, 2023, 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 November 7, 2023. | ||
The ballot shall be printed to permit voting for or against the | ||
proposition: "The constitutional amendment to abolish ad valorem | ||
taxes." |