Texas 2015 - 84th Regular

Texas House Bill HJR57 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	84R1535 TJB-D
2	2	By: Rodriguez of Travis H.J.R. No. 57
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5	5	A JOINT RESOLUTION
6	6	proposing a constitutional amendment authorizing the governing
7	7	body of a political subdivision that adopts an exemption from ad
8	8	valorem taxation of a percentage of the market value of an
9	9	individual's residence homestead to set a limit on the dollar
10	10	amount of the exemption to which an individual is entitled in a tax
11	11	year.
12	12	BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
13	13	SECTION 1. Section 1-b(e), Article VIII, Texas
14	14	Constitution, is amended to read as follows:
15	15	(e) The governing body of a political subdivision[, other
16	16	than a county education district,] may exempt from ad valorem
17	17	taxation a percentage of the market value of the residence
18	18	homestead of a married or unmarried adult, including one living
19	19	alone. [In the manner provided by law, the voters of a county
20	20	education district at an election held for that purpose may exempt
21	21	from ad valorem taxation a percentage of the market value of the
22	22	residence homestead of a married or unmarried adult, including one
23	23	living alone.] The percentage may not exceed twenty percent.
24	24	However, the amount of an exemption authorized pursuant to this
25	25	subsection may not be less than [Five Thousand Dollars (]$5,000[)]
26	26	unless the legislature by general law prescribes other monetary
27	27	restrictions on the amount of the exemption. A governing body that
28	28	adopts an exemption under this subsection may provide that if the
29	29	percentage set by the governing body produces an exemption in a tax
30	30	year of more than a dollar amount specified by the governing body
31	31	when applied to a particular residence homestead, the owner of the
32	32	homestead is entitled to an exemption of the dollar amount of the
33	33	market value specified by the governing body. An eligible adult is
34	34	entitled to receive other applicable exemptions provided by law.
35	35	Where ad valorem tax has previously been pledged for the payment of
36	36	debt, the governing body of a political subdivision may continue to
37	37	levy and collect the tax against the value of the homesteads
38	38	exempted under this subsection until the debt is discharged if the
39	39	cessation of the levy would impair the obligation of the contract by
40	40	which the debt was created. The legislature by general law may
41	41	prescribe procedures for the administration of residence homestead
42	42	exemptions.
43	43	SECTION 2. The following temporary provision is added to
44	44	the Texas Constitution:
45	45	TEMPORARY PROVISION. (a) This temporary provision applies
46	46	to the constitutional amendment proposed by the 84th Legislature,
47	47	Regular Session, 2015, authorizing the governing body of a
48	48	political subdivision that adopts an exemption from ad valorem
49	49	taxation of a percentage of the market value of an individual's
50	50	residence homestead to set a limit on the dollar amount of the
51	51	exemption to which an individual is entitled in a tax year.
52	52	(b) The amendment to Section 1-b(e), Article VIII, of this
53	53	constitution takes effect beginning with the tax year that begins
54	54	January 1, 2016.
55	55	(c) This temporary provision expires January 1, 2017.
56	56	SECTION 3. This proposed constitutional amendment shall be
57	57	submitted to the voters at an election to be held November 3, 2015.
58	58	The ballot shall be printed to permit voting for or against the
59	59	proposition: "The constitutional amendment authorizing the
60	60	governing body of a political subdivision that adopts an exemption
61	61	from ad valorem taxation of a percentage of the market value of an
62	62	individual's residence homestead to set a limit on the dollar
63	63	amount of the exemption to which an individual is entitled in a tax
64	64	year."