Bill Text: TX HJR23 | 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 other than a school district of a portion of the assessed value of a residence homestead based on the average assessed value in the preceding tax year of all qualified residence homesteads that are located in the same county as the homestead.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-02-28 - Referred to Ways & Means [HJR23 Detail]
Download: Texas-2023-HJR23-Introduced.html
| 88R2822 LHC-D | ||
| By: Shine | H.J.R. No. 23 | |
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| proposing a constitutional amendment authorizing the legislature | ||
| to provide for an exemption from ad valorem taxation by a political | ||
| subdivision other than a school district of a portion of the | ||
| assessed value of a residence homestead based on the average | ||
| assessed value in the preceding tax year of all qualified residence | ||
| homesteads that are located in the same county as the 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 (u) to read as follows: | ||
| (u) 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 other than a school district of a portion | ||
| of the assessed value of an individual's residence homestead in an | ||
| amount equal to 5 percent, or a greater percentage not to exceed 25 | ||
| percent specified by the governing body of the political | ||
| subdivision in the manner provided by law for official action by the | ||
| body, of the average assessed value in the preceding tax year of all | ||
| residence homesteads that are located in the same county as the | ||
| individual's homestead and that qualify for an exemption under this | ||
| section. | ||
| 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 other than a school district of a portion of | ||
| the assessed value of a residence homestead based on the average | ||
| assessed value in the preceding tax year of all qualified residence | ||
| homesteads that are located in the same county as the homestead." | ||
