| 1 | 1 | | 84R12236 TJB-D |
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| 2 | 2 | | By: Thompson of Harris H.J.R. No. 96 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A JOINT RESOLUTION |
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| 6 | 6 | | proposing a constitutional amendment authorizing the governing |
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| 7 | 7 | | body of certain political subdivisions to adopt a local option |
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| 8 | 8 | | residence homestead exemption from ad valorem taxation of a |
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| 9 | 9 | | portion, expressed as a dollar amount, of the market value of an |
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| 10 | 10 | | individual's residence homestead. |
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| 11 | 11 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 12 | | SECTION 1. Section 1-b, Article VIII, Texas Constitution, |
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| 13 | 13 | | is amended by adding Subsection (e-1) to read as follows: |
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| 14 | 14 | | (e-1) The governing body of a political subdivision other |
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| 15 | 15 | | than a school district may exempt from ad valorem taxation a |
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| 16 | 16 | | portion, expressed as a dollar amount, of the market value of the |
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| 17 | 17 | | residence homestead of an individual. The amount of the exemption |
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| 18 | 18 | | may not be less than $5,000. An individual is entitled to receive |
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| 19 | 19 | | other applicable exemptions provided by law. The legislature by |
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| 20 | 20 | | general law may prescribe procedures for the administration of this |
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| 21 | 21 | | subsection. |
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| 22 | 22 | | SECTION 2. The following temporary provision is added to |
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| 23 | 23 | | the Texas Constitution: |
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| 24 | 24 | | TEMPORARY PROVISION. (a) This temporary provision applies |
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| 25 | 25 | | to the constitutional amendment proposed by the 84th Legislature, |
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| 26 | 26 | | Regular Session, 2015, authorizing the governing body of certain |
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| 27 | 27 | | political subdivisions to adopt a local option residence homestead |
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| 28 | 28 | | exemption from ad valorem taxation of a portion, expressed as a |
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| 29 | 29 | | dollar amount, of the market value of an individual's residence |
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| 30 | 30 | | homestead. |
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| 31 | 31 | | (b) Section 1-b(e-1), Article VIII, of this constitution, |
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| 32 | 32 | | as added by the amendment, takes effect beginning with the tax year |
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| 33 | 33 | | that begins January 1, 2016. |
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| 34 | 34 | | (c) This temporary provision expires January 1, 2017. |
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| 35 | 35 | | SECTION 3. This proposed constitutional amendment shall be |
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| 36 | 36 | | submitted to the voters at an election to be held November 3, 2015. |
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| 37 | 37 | | The ballot shall be printed to permit voting for or against the |
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| 38 | 38 | | proposition: "The constitutional amendment authorizing the |
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| 39 | 39 | | governing body of certain political subdivisions to adopt a local |
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| 40 | 40 | | option residence homestead exemption from ad valorem taxation of a |
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| 41 | 41 | | portion, expressed as a dollar amount, of the market value of an |
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| 42 | 42 | | individual's residence homestead." |
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