Texas 2009 - 81st Regular

Texas House Bill HJR15

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Sent toSOS
 
Proposed Const. Amend.
 

Caption

Proposing a constitutional amendment authorizing the legislature to provide for a local option election in a county to set a limit on the maximum appraised value of a residence homestead for ad valorem tax purposes of less than 110 percent but not less than 103 percent of the appraised value of the property for the preceding tax year.

Impact

The introduction of HJR15 could lead to substantial changes in local property tax regulations, offering substantial relief to homeowners struggling with rising appraised values. If adopted, this change could allow voters in each county to directly influence tax regulations affecting their communities. By providing local jurisdictions the authority to set these limits, the bill aims to promote stability in property tax assessments, thus benefiting residents concerned about affordability and taxation pressures.

Summary

HJR15 is a joint resolution proposing a constitutional amendment that allows the Texas legislature to authorize local option elections at the county level. This legislation empowers counties to set a limit on the maximum appraised value of a residence homestead for ad valorem tax purposes. Specifically, it enables counties to determine a cap of less than 110 percent but more than 103 percent of the property’s appraised value from the previous tax year. This flexibility may benefit homeowners by preventing significant spikes in property taxes related to rising property values.

Contention

While the bill promises benefits for homeowners, it is likely to evoke discussions regarding potential drawbacks such as diminished revenue for local governments. Opponents may argue that a cap on appraised values could limit funding for essential services like education and public safety, which often rely on property tax revenues. The local option could also lead to inconsistencies in tax regulations across counties, potentially resulting in inequalities among residents depending on their county’s decisions regarding tax limitations.

Companion Bills

TX HB46

Enabled by Relating to a local option election in a county to set a limit on the maximum appraised value of a residence homestead for ad valorem tax purposes of less than 110 percent but not less than 103 percent of the appraised value of the property for the preceding tax year.

Previously Filed As

TX HJR10

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes to 103.5 percent or more of the appraised value of the property for the preceding tax year.

TX HJR7

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes to 105 percent or more of the appraised value of the property for the preceding tax year.

TX SJR19

Proposing a constitutional amendment to authorize the legislature to establish a limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.

TX SJR53

Proposing a constitutional amendment to authorize the legislature to establish a limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.

TX HJR87

Proposing a constitutional amendment authorizing the legislature to limit the maximum appraised value of residential real property for ad valorem tax purposes to 105 percent or more of the appraised value of the property for the preceding tax year, to exempt from ad valorem taxation the total appraised value of property purchased by an individual for the first tax year the individual qualifies the property as the individual's residence homestead if the property is the individual's first residence homestead and has an appraised value of less than $300,000, and to limit the total amount of ad valorem taxes that a political subdivision 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 at least 25 consecutive tax years.

TX HJR55

Proposing a constitutional amendment to authorize the legislature to establish a lower limit on the maximum appraised value of residence homesteads for ad valorem tax purposes and to establish a limit on the value of single-family residences other than residence homesteads for those purposes.

TX HJR6

Proposing a constitutional amendment to authorize the legislature to establish a lower limit on the maximum appraised value of residence homesteads for ad valorem tax purposes and to establish a limit on the value of single-family residences other than residence homesteads for those purposes.

TX SJR34

Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem tax purposes.

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.

TX HJR57

Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem taxation.

Similar Bills

No similar bills found.