82R3729 ALL-D
By: White H.J.R. No. 142
A JOINT RESOLUTION
proposing a constitutional amendment to abolish property taxes and
limit the rates of state and local sales and use taxes.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1, Article VIII, Texas Constitution, is
amended by adding Subsections (k), (l), and (m) to read as follows:
(k) A political subdivision of this state may not impose an
ad valorem tax on real or personal property in this state for any
purpose for any tax year beginning on or after January 1, 2012.
(l) The state takes full responsibility for the guarantee of
the repayment of all bonds issued by a county, municipality, school
district, or other political subdivision and secured by the revenue
from the ad valorem taxes imposed by those entities before January
1, 2012. The legislature shall enact laws for the implementation of
this subsection.
(m) The state may not impose a sales and use tax for state
purposes on any property or service that exceeds a rate of ___
percent of the sales price or value of the property or service. The
maximum combined state and local sales and use tax rate may not
exceed ___ percent of the sales price or value of the property or
service.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 8, 2011.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment to abolish property
taxes and limit the rates of state and local sales and use taxes."