Texas 2021 - 87th Regular

Texas House Bill HJR50

Caption

Proposing a constitutional amendment to authorize the legislature to exclude from the market value of real property for ad valorem tax purposes the value of any improvement, or any feature incorporated in an improvement, made to the property if the primary purpose of the improvement or feature is compliance with the requirements of standards that address accessible design of buildings or other facilities.

Impact

Should HJR50 pass, it could significantly influence economic decisions regarding real estate development and modifications. By incentivizing property owners to invest in enhancements that meet accessibility standards without suffering a potential tax increase on that enhanced value, the bill seeks to encourage a more inclusive environment. This policy could lead to a greater number of businesses and public facilities that are compliant with accessibility laws, benefiting individuals with disabilities and the community at large.

Summary

HJR50 is a joint resolution proposing an amendment to the Texas Constitution that aims to facilitate improvements in property accessibility. Specifically, the bill seeks to allow the legislature to exclude from the market value of real property for ad valorem tax purposes any improvements made primarily to meet the standards for accessible design. This includes features adhering to the 2010 Americans with Disabilities Act Standards for Accessible Design and any future standards as outlined in the Americans with Disabilities Act of 1990.

Contention

There may be points of contention surrounding HJR50, particularly related to how the exclusion would be applied and monitored, ensuring it targets genuine accessibility improvements without allowing for abuse of the provisions. Critics might express concerns that the exclusion could lead to financial losses for school districts or local governments dependent on property tax revenues. Additionally, defining the scope of what constitutes an 'accessibility improvement' may lead to disputes in its implementation.

Companion Bills

TX HB951

Enabled by Relating to the exclusion from the market value of real property for ad valorem tax purposes of the value of any improvement, or any feature incorporated in an improvement, made to the property if the primary purpose of the improvement or feature is compliance with the requirements of standards that address accessible design of buildings or other facilities.

Previously Filed As

TX HJR42

TX HB543

Relating to the exclusion from the market value of real property for ad valorem tax purposes of the value of any improvement, or any feature incorporated in an improvement, made to the property if the primary purpose of the improvement or feature is compliance with the requirements of standards that address accessible design of buildings or other facilities.

TX HJR179

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value for ad valorem tax purposes and exempt from ad valorem taxation a portion of the market value of rental real property that primarily serves as the residence of the occupants of the property.

TX HJR187

Proposing a constitutional amendment to authorize the legislature to provide for an exemption from ad valorem taxation of the amount of the market value of real property that arises from the installation in the property of certain energy efficiency-related improvements.

TX HJR147

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of a residence homestead for ad valorem tax purposes to the appraised value of the property when it was first qualified as a residence homestead, plus the value of subsequent improvements.

Similar Bills

No similar bills found.