Bill Text: TX HJR65 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Proposing a constitutional amendment authorizing the legislature to provide for the assessment of ad valorem taxes on real property on the basis of the lesser of the appraised value of the property or the average appraised value of the property over a specified time period and authorizing exceptions to the assessment of those taxes based on that method.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-02-27 - Referred to Ways & Means [HJR65 Detail]
Download: Texas-2019-HJR65-Introduced.html
| 86R3703 TJB-D | ||
| By: Patterson | H.J.R. No. 65 | |
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| proposing a constitutional amendment authorizing the legislature | ||
| to provide for the assessment of ad valorem taxes on real property | ||
| on the basis of the lesser of the appraised value of the property or | ||
| the average appraised value of the property over a specified time | ||
| period and authorizing exceptions to the assessment of those taxes | ||
| based on that method. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 1, Article VIII, Texas Constitution, is | ||
| amended by adding Subsection (b-1) to read as follows: | ||
| (b-1) Notwithstanding any other provision of this article, | ||
| the legislature by general law may provide that ad valorem taxes be | ||
| assessed on real property for a year on the basis of the lesser of | ||
| the appraised value of the property for that year or the average | ||
| appraised value of the property during the five-year period ending | ||
| with the year for which the taxes are assessed. A general law | ||
| enacted under this subsection may provide for the exclusion under | ||
| circumstances determined by the legislature of one or more years | ||
| from the period used to calculate the average appraised value, | ||
| including if the appraised value of the property decreases | ||
| significantly in a year. A general law enacted under this | ||
| subsection may prescribe procedures for the administration of this | ||
| subsection, including provisions for its implementation in stages. | ||
| SECTION 2. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held November 5, 2019. | ||
| The ballot shall be printed to permit voting for or against the | ||
| proposition: "The constitutional amendment authorizing the | ||
| legislature to provide for the assessment of ad valorem taxes on | ||
| real property on the basis of the lesser of the appraised value of | ||
| the property or the average appraised value of the property for the | ||
| most recent five years and authorizing exceptions to the assessment | ||
| of those taxes based on that method." | ||
