Proposing a constitutional amendment authorizing a court to partition the community property and to characterize future earnings of spouses as separate property on legal separation of the spouses.
Impact
If passed, this resolution would require amendments to Section 15, Article XVI of the Texas Constitution. It emphasizes the importance of defining the nature of property in the context of legal separation and illustrates the court's role in adjudicating property disputes between spouses. By allowing courts to classify future earnings as separate property, this amendment would alter the landscape of marital property rights in Texas, giving individuals more control over their financial futures after separation.
Summary
HJR47 is a joint resolution proposing a constitutional amendment that seeks to authorize courts in Texas to partition community property and classify future earnings of spouses as separate property upon legal separation. This amendment aims to clarify the rights of spouses regarding their property ownership, which is especially pertinent in cases of divorce or separation. It suggests that spouses can agree in writing on the division of their property, allowing greater flexibility in managing their assets during legal separations.
Contention
The proposed amendment may lead to significant changes in how community property is treated in Texas, sparking concerns about potential disputes over property rights. While this bill advocates for increased clarity and fairness in property division during separation, opponents may argue that it could disadvantage one spouse, particularly if the other is viewed as having greater earning potential. Balancing these competing interests is likely to be a focal point of discussion if the amendment is brought to a vote.
Proposing a constitutional amendment authorizing the legislature to provide for exceptions to the requirement that a home equity loan be closed only at the office of the lender, an attorney at law, or a title company.
Proposing a constitutional amendment to remove the requirement that a home equity loan be closed only at the office of the lender, an attorney at law, or a title company.
Proposing a constitutional amendment authorizing the legislature to legalize wagering in this state on certain sporting events and requiring the legislature to dedicate to property tax relief at least 98 percent of the net state tax revenue generated from the wagering on sporting events.
Proposing a constitutional amendment to require that future constitutional amendments become effective only if approved by a majority of the voters in at least three-fourths of the counties of the state.
Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of commercial property and rental property for ad valorem taxation.
Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of commercial property and rental property for ad valorem taxation.
Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of commercial property and rental property for ad valorem taxation.