84R8903 SMH-D
By: Bettencourt S.J.R. No. 57
A JOINT RESOLUTION
proposing a constitutional amendment increasing the amount of the
residence homestead exemption from ad valorem taxation for public
school purposes, providing for a reduction of the limitation on the
total amount of ad valorem taxes that may be imposed for those
purposes on the homestead of an elderly or disabled person to
reflect the increased exemption amount, and extending the number of
days that certain tangible personal property that is exempt from ad
valorem taxation due to its temporary location in this state may
remain located in this state before forfeiting the right to the
exemption.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Sections 1-b(c) and (d), Article VIII, Texas
Constitution, are amended to read as follows:
(c) The amount of $30,000 [Fifteen Thousand Dollars
($15,000)] of the market value of the residence homestead of a
married or unmarried adult, including one living alone, is exempt
from ad valorem taxation for general elementary and secondary
public school purposes. The legislature by general law may provide
that all or part of the exemption does not apply to a district or
political subdivision that imposes ad valorem taxes for public
education purposes but is not the principal school district
providing general elementary and secondary public education
throughout its territory. In addition to this exemption, the
legislature by general law may exempt an amount not to exceed [Ten
Thousand Dollars (] $10,000[)] of the market value of the residence
homestead of a person who is disabled as defined in Subsection (b)
of this section and of a person [sixty-five (] 65[)] years of age or
older from ad valorem taxation for general elementary and secondary
public school purposes. The legislature by general law may base the
amount of and condition eligibility for the additional exemption
authorized by this subsection for disabled persons and for persons
[sixty-five (] 65[)] years of age or older on economic need. An
eligible disabled person who is [sixty-five (] 65[)] years of age or
older may not receive both exemptions from a school district but may
choose either. An eligible person is entitled to receive both the
exemption required by this subsection for all residence homesteads
and any exemption adopted pursuant to Subsection (b) of this
section, but the legislature shall provide by general law whether
an eligible disabled or elderly person may receive both the
additional exemption for the elderly and disabled authorized by
this subsection and any exemption for the elderly or disabled
adopted pursuant to Subsection (b) of this section. Where ad
valorem tax has previously been pledged for the payment of debt, the
taxing officers of a school district may continue to levy and
collect the tax against the value of homesteads exempted under this
subsection until the debt is discharged if the cessation of the levy
would impair the obligation of the contract by which the debt was
created. The legislature shall provide for formulas to protect
school districts against all or part of the revenue loss incurred by
the implementation of this subsection, Subsection (d) of this
section, and Section 1-d-1 of this article [Article VIII, Sections
1-b(c), 1-b(d), and 1-d-1, of this constitution]. The legislature
by general law may define residence homestead for purposes of this
section.
(d) Except as otherwise provided by this subsection, if a
person receives a residence homestead exemption prescribed by
Subsection (c) of this section for homesteads of persons who are
[sixty-five (] 65[)] years of age or older or who are disabled, the
total amount of ad valorem taxes imposed on that homestead for
general elementary and secondary public school purposes may not be
increased while it remains the residence homestead of that person
or that person's spouse who receives the exemption. If a person
[sixty-five (] 65[)] years of age or older dies in a year in which
the person received the exemption, the total amount of ad valorem
taxes imposed on the homestead for general elementary and secondary
public school purposes may not be increased while it remains the
residence homestead of that person's surviving spouse if the spouse
is [fifty-five (] 55[)] years of age or older at the time of the
person's death, subject to any exceptions provided by general law.
The legislature, by general law, may provide for the transfer of all
or a proportionate amount of a limitation provided by this
subsection for a person who qualifies for the limitation and
establishes a different residence homestead. However, taxes
otherwise limited by this subsection may be increased to the extent
the value of the homestead is increased by improvements other than
repairs or improvements made to comply with governmental
requirements and except as may be consistent with the transfer of a
limitation under this subsection. For a residence homestead
subject to the limitation provided by this subsection in the 1996
tax year or an earlier tax year, the legislature shall provide for a
reduction in the amount of the limitation for the 1997 tax year and
subsequent tax years in an amount equal to $10,000 multiplied by the
1997 tax rate for general elementary and secondary public school
purposes applicable to the residence homestead. For a residence
homestead subject to the limitation provided by this subsection in
the 2015 tax year or an earlier tax year, the legislature shall
provide for a reduction in the amount of the limitation for the 2016
tax year and subsequent tax years in an amount equal to $15,000
multiplied by the 2016 tax rate for general elementary and
secondary public school purposes applicable to the residence
homestead.
SECTION 2. Section 1-j(a), Article VIII, Texas
Constitution, is amended to read as follows:
(a) To promote economic development in the State, goods,
wares, merchandise, other tangible personal property, and ores,
other than oil, natural gas, and other petroleum products, are
exempt from ad valorem taxation by a political subdivision of this
State if:
(1) the property is acquired in or imported into this
State to be forwarded outside this State, whether or not the
intention to forward the property outside this State is formed or
the destination to which the property is forwarded is specified
when the property is acquired in or imported into this State;
(2) the property is detained in this State for
assembling, storing, manufacturing, processing, or fabricating
purposes by the person who acquired or imported the property; and
(3) the property is transported outside of this State
not later than:
(A) 365 [175] days after the date the person
acquired or imported the property in this State; or
(B) if applicable, a later date established by
the governing body of the political subdivision under Subsection
(d) of this section.
SECTION 3. The following temporary provision is added to
the Texas Constitution:
TEMPORARY PROVISION. (a) This temporary provision applies to
the constitutional amendment proposed by the 84th Legislature,
Regular Session, 2015, increasing the amount of the residence
homestead exemption from ad valorem taxation for public school
purposes, providing for a reduction of the limitation on the total
amount of ad valorem taxes that may be imposed for those purposes on
the homestead of an elderly or disabled person to reflect the
increased exemption amount, and extending the number of days that
certain tangible personal property that is exempt from ad valorem
taxation due to its temporary location in this state may remain
located in this state before forfeiting the right to the exemption.
(b) The amendments to Sections 1-b(c) and (d) and 1-j(a),
Article VIII, of this constitution take effect January 1, 2016, and
apply only to a tax year beginning on or after that date.
(c) This temporary provision expires January 1, 2017.
SECTION 4. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 3, 2015.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment increasing the amount
of the residence homestead exemption from ad valorem taxation for
public school purposes from $15,000 to $30,000, providing for a
reduction of the limitation on the total amount of ad valorem taxes
that may be imposed for those purposes on the homestead of an
elderly or disabled person to reflect the increased exemption
amount, and extending the number of days that certain tangible
personal property that is exempt from ad valorem taxation due to its
temporary location in this state may remain located in this state
before forfeiting the right to the exemption."