Texas 2009 - 81st Regular

Texas House Bill HJR93

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

Caption

Proposing a constitutional amendment authorizing Bexar County to issue bonds or notes to finance the acquisition of real property and the construction of a building or facility on the property for use by an institution of higher education and to pledge for repayment of those bonds or notes increases in revenues from ad valorem taxes imposed by the county and other political subdivisions on property located in a designated area of the county.

Impact

If enacted, HJR93 would amend Section 1-g, Article VIII of the Texas Constitution, adding a new subsection to authorize Bexar County's ability to fund higher education projects through the issuance of bonds. This means that local governments can facilitate significant investments in educational infrastructure without relying solely on state funding. Additionally, the amendment is set to be presented for voter approval in a local election, allowing the community a voice in this decision-making process.

Summary

HJR93 is a joint resolution proposing a constitutional amendment that would allow Bexar County to issue bonds or notes aimed at financing the acquisition of real property and the construction of a building or facility for use by an institution of higher education. This initiative specifically includes provisions to pledge the repayment of these bonds or notes from increased revenues generated by ad valorem taxes imposed on properties within a designated area of the county. The resolution underscores the county's commitment to supporting educational facilities and infrastructure in higher education.

Contention

A potential point of contention surrounding HJR93 revolves around the fiscal implications of issuing such bonds and the long-term sustainability of using ad valorem tax revenues for repayment. Critics may argue that relying on increased property tax revenues could place an additional burden on local taxpayers, potentially conflicting with concerns over property tax rates. On the other hand, proponents might highlight that enhancing higher education infrastructure can yield long-term economic benefits for the region, thereby justifying the costs involved.

Companion Bills

TX HB3111

Enabled by Relating to authorizing Bexar County to issue bonds or notes to finance the acquisition of real property and the construction of a building or facility on the property for use by an institution of higher education and to pledge for repayment of those bonds or notes increases in revenues from ad valorem taxes imposed by the county and other political subdivisions on property located in a designated area of the county.

Previously Filed As

TX HJR173

Proposing a constitutional amendment authorizing the legislature to permit the owner of a parcel of real property that is located in more than one county to elect to have the property appraised for ad valorem taxation by the appraising entity for one of those counties.

TX HB4531

Relating to the substitution of a county sales and use tax for all or a portion of property taxes imposed by certain counties; authorizing the imposition of a tax.

TX HJR6

Proposing a constitutional amendment to authorize the commissioners court of a county to exempt from ad valorem taxation by each political subdivision that taxes the property the portion of the assessed value of a person's property that is attributable to the installation in or on the property of a rainwater harvesting or graywater system.

TX HJR25

Proposing a constitutional amendment to authorize the commissioners court of a county to exempt from ad valorem taxation by each political subdivision that taxes the property the portion of the assessed value of a person's property that is attributable to the installation in or on the property of a rainwater harvesting or graywater system.

TX SJR64

Proposing a constitutional amendment authorizing a local option exemption from ad valorem taxation by a county or municipality of all or part of the appraised value of real property used to operate a child-care facility.

TX SJR32

Proposing a constitutional amendment relating to the authority of the legislature to permit conservation and reclamation districts in El Paso County to issue bonds supported by ad valorem taxes to fund the development and maintenance of parks and recreational facilities.

TX HJR79

Proposing a constitutional amendment relating to the authority of the legislature to permit conservation and reclamation districts in El Paso County to issue bonds supported by ad valorem taxes to fund the development and maintenance of parks and recreational facilities.

TX HJR42

Proposing a constitutional amendment to authorize the legislature to exclude from the market value of real property for ad valorem tax purposes the value of any improvement, or any feature incorporated in an improvement, made to the property if the primary purpose of the improvement or feature is compliance with the requirements of standards that address accessible design of buildings or other facilities.

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 HJR141

Proposing a constitutional amendment to authorize the legislature to define certain terms for purposes of the exemption from ad valorem taxation of farm products in the hands of a producer and to authorize the commissioners court of a county to exempt from ad valorem taxation by each political subdivision that taxes the property the portion of the assessed value of a person's property that is attributable to the installation in or on the property of a rainwater harvesting or graywater system.

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