Texas 2019 - 86th Regular

Texas House Bill HJR109

Caption

Proposing a constitutional amendment authorizing the legislature to provide for a credit against ad valorem taxes imposed by a school district on the property owned by a business entity that donates money to the district to create or support career and technical education programs or courses.

Impact

The proposed amendment would have a significant impact on state education funding by encouraging more robust partnerships between school districts and local businesses. By providing a fiscal incentive for businesses to invest in educational programs, HJR109 aims to bolster career readiness among students and improve the overall educational ecosystem. Additionally, the ability for lawmakers to set eligibility requirements and credit formulas introduces flexibility in how the program could be implemented, potentially accommodating a variety of business sizes and contributions.

Summary

HJR109 proposes a constitutional amendment that authorizes the Texas legislature to create a tax credit for businesses that donate funds to their local school districts. This amendment specifically targets ad valorem taxes imposed by school districts on property owned by business entities, allowing for a credit when these entities contribute money to support or create career and technical education programs. As such, the bill seeks to incentivize business participation in local education initiatives and enhance the quality and availability of vocational training courses within Texas schools.

Contention

While HJR109 seeks to benefit education through business donations, there may be contention regarding the implications of tax credits on state revenue. Critics may argue that such tax incentives could reduce the overall tax revenue available for public education, potentially leading to budgetary constraints in other areas. Proponents, however, might counter that the long-term benefits of fostering career-ready graduates will outweigh the costs, ultimately resulting in a more skilled workforce that can contribute to economic growth. There may also be concerns about ensuring equitable access to these benefits across different community demographics and economic landscapes.

Companion Bills

TX HB3423

Enabled by Relating to ad valorem and franchise tax credits for donations to school districts to create or support career and technical education programs or courses.

Previously Filed As

TX HB4095

Relating to the eligibility of a business entity to receive a credit against the ad valorem taxes imposed by a school district on the business entity's property in exchange for donating equipment to the school district to be used in a course that may lead to a commercial driver's license or commercial learner's permit and providing that such a course may satisfy public high school graduation requirements for electives.

TX HJR193

Proposing a constitutional amendment to authorize the legislature to provide for a credit against the ad valorem taxes imposed on property owned by a person who makes a donation to the state for the purpose of border security and to provide for the reimbursement of political subdivisions for the revenue loss incurred as a result of the credit.

TX HB5032

Relating to a credit against the ad valorem taxes imposed on property owned by a person who makes a donation to the state for the purpose of border security and reimbursement to taxing units for the revenue loss incurred as a result of the credit.

TX HJR173

Proposing a constitutional amendment authorizing the legislature to permit the owner of a parcel of real property that is located in more than one county to elect to have the property appraised for ad valorem taxation by the appraising entity for one of those counties.

TX HJR199

Proposing a constitutional amendment authorizing the legislature to increase the amount of the exemption from ad valorem taxation by a school district of the market value of the residence homestead of a person who is elderly or disabled.

TX HJR195

Proposing a constitutional amendment providing for an adjustment of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the residence homestead of a person who is elderly or disabled to reflect the most recent increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district.

TX HJR19

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.

TX SJR32

Proposing a constitutional amendment relating to the authority of the legislature to permit conservation and reclamation districts in El Paso County to issue bonds supported by ad valorem taxes to fund the development and maintenance of parks and recreational facilities.

TX HJR79

TX HJR115

Proposing a constitutional amendment to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district and to adjust the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amount.

Similar Bills

No similar bills found.