Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property leased to certain schools organized and operated primarily for the purpose of engaging in educational functions.
Impact
If enacted, the amendment would result in changes to Section 2(a), Article VIII of the Texas Constitution, providing a framework for the exemption of property taxes specifically for real estate used by qualifying educational schools. This could lead to significant fiscal implications for local governments that rely on property tax revenue, as they may see a decrease in collections from properties that qualify for this exemption. As a result, the measure aims to support educational institutions in providing better services without the hindrance of property tax obligations.
Summary
HJR100 proposes a constitutional amendment in Texas that authorizes the legislature to exempt from ad valorem taxation real property that is leased to certain educational institutions primarily engaged in educational functions. This amendment aims to alleviate the financial burden of property taxes on schools, thereby potentially freeing up more resources for actual educational programs and activities. The initiative reflects a broader legislative trend towards enhancing financial support for educational entities by reducing their liabilities.
Contention
Notable points of contention surrounding HJR100 include potential feedback from local governments and taxpayers who may be concerned about the implications of reduced tax revenues. Some critics may argue that such a tax exemption could result in a disproportionate shift of the financial burden onto other taxpayers or fund allocations. There may also be debates on defining the criteria for what constitutes a school eligible for such exemptions, raising questions about oversight and transparency in the classification of educational entities.
Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property used to operate a child-care facility.
Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation real property used to operate a child-care facility.
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.
Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation the real and personal property owned and exclusively used by a labor organization for the organization's operations.