Texas House Bill HJR139

Texas 2011 - 82nd Regular

• Introduced: 3/11/11

Caption

Proposing a constitutional amendment to revise the ad valorem tax limitations on residence homesteads of elderly and disabled persons and their surviving spouses to take into account certain residence homestead exemptions.

Impact

The proposed changes would directly affect state laws related to property taxation, particularly in terms of relieving the tax burden on elderly and disabled homeowners. By ensuring that taxes on these homesteads cannot be increased while they remain their primary residence, the bill intends to provide a layer of economic protection. Furthermore, it supports surviving spouses who are 55 years or older, allowing them to maintain tax limitations established during their spouse's lifetime, enhancing their financial security.

Summary

HJR139 proposes a constitutional amendment aimed at revising the ad valorem tax limitations on residence homesteads owned by elderly and disabled persons, as well as their surviving spouses. This amendment seeks to incorporate specific residence homestead exemptions while ensuring that certain tax limitations remain in effect for these vulnerable groups. One of the key provisions is that it prevents increases in ad valorem taxes on the homesteads of eligible persons while they reside there, fostering financial stability for these households against rising tax rates.

Sentiment

The sentiment surrounding HJR139 appears to be generally positive among proponents who view it as a crucial measure to protect vulnerable populations from tax burdens that could lead to financial distress. Legislative discussions have highlighted the importance of safeguarding the financial welfare of the elderly and disabled. However, there might also be concerns from opponents regarding the implications for local governments' revenue, which may rely on property taxes for funding essential services.

Contention

Despite the overall support for the objectives of HJR139, discussions may raise questions about the potential strain on local funding sources due to the restrictions on property tax increases. Critics might advocate for broader solutions to address budgetary constraints in local governments without compromising essential services that rely on these taxes. This contention underscores a balancing act between providing necessary protections for individuals and maintaining adequate funding for public services.