| 1 | 1 | | 81R14395 SMH-D |
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| 2 | 2 | | By: Olivo H.J.R. No. 6 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A JOINT RESOLUTION |
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| 6 | 6 | | proposing a constitutional amendment authorizing the legislature |
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| 7 | 7 | | to exempt a portion of the assessed value of the residence homestead |
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| 8 | 8 | | of an elderly person from ad valorem taxation by a fresh water |
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| 9 | 9 | | supply district. |
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| 10 | 10 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 1-b, Article VIII, Texas Constitution, |
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| 12 | 12 | | is amended by adding Subsection (j) to read as follows: |
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| 13 | 13 | | (j) The legislature by general law may exempt $100,000 of |
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| 14 | 14 | | the assessed value of the residence homestead of a person who is 65 |
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| 15 | 15 | | years of age or older from ad valorem taxation by a conservation and |
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| 16 | 16 | | reclamation district created under Section 59, Article XVI, of this |
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| 17 | 17 | | constitution to conserve, transport, and distribute fresh water |
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| 18 | 18 | | from any source for domestic and commercial purposes. Where ad |
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| 19 | 19 | | valorem tax has previously been pledged for the payment of debt, the |
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| 20 | 20 | | taxing officers of a district to which this subsection applies may |
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| 21 | 21 | | continue to levy and collect the tax against the value of the |
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| 22 | 22 | | homesteads exempted under this subsection until the debt is |
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| 23 | 23 | | discharged if the cessation of the levy would impair the obligation |
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| 24 | 24 | | of the contract by which the debt was created. |
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| 25 | 25 | | SECTION 2. This proposed constitutional amendment shall be |
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| 26 | 26 | | submitted to the voters at an election to be held November 3, 2009. |
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| 27 | 27 | | The ballot shall be printed to permit voting for or against the |
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| 28 | 28 | | proposition: "The constitutional amendment authorizing the |
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| 29 | 29 | | legislature to exempt a portion of the assessed value of the |
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| 30 | 30 | | residence homestead of an elderly person from ad valorem taxation |
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| 31 | 31 | | by a fresh water supply district." |
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