Texas 2021 - 87th Regular

Texas House Bill HJR89

Caption

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

Impact

Should HJR89 be ratified, it would create a pathway for businesses to reduce their tax liabilities while simultaneously supporting educational initiatives in their communities. This could lead to an increase in funding for career and technical education—a crucial area for preparing students for employment in skilled trades and specialized professions. As a result, local economies may enjoy the benefits of a more skilled workforce that is aligned with the needs of businesses.

Summary

HJR89 proposes a constitutional amendment that allows the Texas legislature to establish a tax credit against ad valorem taxes imposed by school districts. This credit would be available to business entities that donate funds to support career and technical education programs or courses within those districts. The intent of this measure is to incentivize businesses to contribute financially to the development of education programs, which can enhance the skill sets of local students and promote workforce readiness.

Contention

The discussion surrounding HJR89 may include concerns over the potential financial impact on school district revenues from ad valorem taxes. Critics might argue that while the bill aims to enhance educational funding, it could reduce overall tax income for school districts, creating funding shortfalls for essential educational services. On the other hand, proponents are expected to emphasize the long-term benefits to students and communities that arise from increased business engagement in education.

Companion Bills

TX HB1797

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

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 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.