Texas Senate Bill SJR33

Texas 2019 - 86th Regular

Caption

Proposing a constitutional amendment authorizing the legislature to limit the total amount of ad valorem taxes that a school district may impose on the residence homestead of an individual and the surviving spouse of the individual if the individual qualifies the property as the individual's residence homestead for 15 consecutive tax years and the school taxes on the property increase by at least 120 percent during that period.

Impact

If enacted, this bill would amend Article VIII of the Texas Constitution, creating a framework for the Texas legislature to establish parameters surrounding property taxes imposed by school districts. The bill emphasizes that the total taxes cannot exceed the amount assessed in the 15th tax year, barring any increases resulting from property improvements that are not repairs or mandated alterations. This might significantly affect how school financing is managed, given that property taxes are a primary funding source for public education.

Summary

SJR33 proposes a constitutional amendment that allows the Texas legislature to set limits on the total amount of ad valorem taxes that school districts can impose on the residence homesteads of individuals. This limitation applies specifically to those who have lived in their property for 15 consecutive tax years and have faced a significant increase in school taxes — specifically, an increase of at least 120% during that same period. The resolution aims to provide financial relief to long-term property owners, particularly the elderly or those on fixed incomes, by ensuring their tax burdens do not escalate disproportionately over time.

Contention

Debate surrounding SJR33 may arise regarding potential disparities in school funding and the implications for local districts. Proponents argue that the amendment is a necessary protective measure for vulnerable populations, particularly homeowners who have seen their property values rise dramatically and are at risk of being priced out by higher taxes. Conversely, opponents may express concerns regarding the adequacy of funding for education if such limits are imposed, questioning the balance between providing tax relief and ensuring sufficient revenue for school districts.