Proposing a constitutional amendment authorizing a court to partition the community property and to characterize future earnings of spouses as separate property on legal separation of the spouses.
Impact
The proposed amendment would amend Section 15 of Article XVI of the Texas Constitution, enabling courts to divide community property and income derived from that property as separate during separation proceedings. This change is intended to ensure that spouses can have more control over their individual financial futures post-separation, thus potentially altering the landscape of marital property law in Texas and affecting how property disputes are resolved in divorce cases.
Summary
HJR53 proposes a constitutional amendment to authorize courts to partition community property and to classify future earnings of spouses as separate property during legal separations. This amendment seeks to clarify and define the rights of spouses concerning both community and separate property. By allowing courts the power to facilitate the division of property and earnings, it aims to provide clear legal frameworks in marital separations, which could significantly impact divorce proceedings in Texas.
Sentiment
The general sentiment surrounding HJR53 appears to be supportive among those advocating for transparency and clearer legal avenues within marital property disputes. Proponents argue that the ability to partition community property could provide necessary protections for individuals during difficult separations. However, there may also be concerns regarding the implications of such changes reflected in ongoing debates about marriage laws and property rights.
Contention
Notable points of contention regarding HJR53 revolve around the balance of rights between spouses in the context of community property. Critics may express concerns that the amendment could lead to unintended consequences in managing marital finances, particularly in cases where one spouse may be at a financial disadvantage. Additionally, there may be discussions on how such amendments could influence the dynamics of marital agreements and the nature of individual versus joint ownership.
Proposing a constitutional amendment authorizing the legislature to provide for exceptions to the requirement that a home equity loan be closed only at the office of the lender, an attorney at law, or a title company.
Proposing a constitutional amendment to remove the requirement that a home equity loan be closed only at the office of the lender, an attorney at law, or a title company.
Proposing a constitutional amendment authorizing the legislature to legalize wagering in this state on certain sporting events and requiring the legislature to dedicate to property tax relief at least 98 percent of the net state tax revenue generated from the wagering on sporting events.
Proposing a constitutional amendment to require that future constitutional amendments become effective only if approved by a majority of the voters in at least three-fourths of the counties of the state.
Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of commercial property and rental property for ad valorem taxation.
Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of commercial property and rental property for ad valorem taxation.
Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of commercial property and rental property for ad valorem taxation.