Proposing a constitutional amendment authorizing the legislature to provide for the ad valorem taxation of a residence homestead solely on the basis of the property's value as a residence homestead; authorizing the legislature to authorize a single board of equalization for two or more adjoining appraisal entities that elect to provide for consolidated equalizations; and authorizing the legislature to provide for the administration and enforcement of uniform standards and procedures for appraisal of property for ad valorem tax purposes.
Impact
The bill also introduces provisions for a single board of equalization that could serve two or more adjoining appraisal entities that choose to consolidate their equalization processes. This aspect aims to streamline the appraisal process, potentially reducing administrative burdens and improving consistency across jurisdictions. By establishing a single board for multiple appraisal entities, it could enhance efficiency and effectiveness in property tax assessments, leading to potentially more equitable tax obligations for property owners.
Overall
Ultimately, HJR36 represents a significant shift in Texas property taxation policy by proposing to streamline processes through constitutional amendments and legislative authority. Whether these changes will provide a fairer system for property owners or complicate tax matters through increased centralization remains to be debated.
Summary
HJR36 is a joint resolution proposing a constitutional amendment that aims to modify the ad valorem taxation method for residence homesteads in Texas. Specifically, it seeks to allow the legislature to establish a taxation system based solely on the value of the property as a residence homestead. This amendment proposes a shift in how properties are valued for tax purposes, which could mean different assessment practices when determining property taxes for homeowners in Texas. The proposed change would mean that the legislature could legislate independent of any highest and best use analysis, impacting how residential properties are appraised accordingly.
Contention
There are points of contention surrounding HJR36, particularly regarding the implications of how properties would be valued and taxed. Supporters argue that simplifying the appraisal process will benefit homeowners by potentially lowering their property tax burden based on a more straightforward valuation method. Opponents, however, might raise concerns about the loss of localized control in property assessments, suggesting that the flexibility allowed to the legislature could lead to varying interpretations and implementations across communities, potentially creating disparities.
Identical
Proposing a constitutional amendment authorizing the legislature to provide for the ad valorem taxation of a residence homestead solely on the basis of the property's value as a residence homestead; and authorizing the legislature to authorize a single board of equalization for two or more adjoining appraisal entities that elect to provide for consolidated equalizations.
Enabled by
Relating to the determination of the market value of a residence homestead for ad valorem tax purposes on the basis of the property's value as a residence homestead and to an exemption from ad valorem taxation of the residence homesteads of certain totally disabled veterans and to the amount of the exemption from ad valorem taxation to which a disabled veteran is entitled based on disability rating.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Proposing An Amendment To Article Xvii, Section 3 Of The Hawaii Constitution To Specify That The Standard For Voter Approval Of A Constitutional Amendment Proposed By The Legislature Is A Majority Of All The Votes Tallied Upon The Question.
(Constitutional Amendment) Requires legislative approval of a proposed constitutional amendment in two sessions before being submitted to the electors for ratification