| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 85R7744 TJB-D | |
| 2 | 2 | By: Dutton H.J.R. No. 66 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A JOINT RESOLUTION | |
| 6 | 6 | proposing a constitutional amendment authorizing the legislature | |
| 7 | 7 | to exempt from ad valorem taxation by one or more political | |
| 8 | 8 | subdivisions of this state property located near a public school | |
| 9 | 9 | that is owned for the purpose of building low-income or | |
| 10 | 10 | moderate-income housing. | |
| 11 | 11 | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 12 | 12 | SECTION 1. Article VIII, Texas Constitution, is amended by | |
| 13 | 13 | adding Section 1-v to read as follows: | |
| 14 | 14 | Sec. 1-v. (a) The legislature by general law may exempt from | |
| 15 | 15 | ad valorem taxation by one or more political subdivisions of this | |
| 16 | 16 | state property located near a public school that is owned by a | |
| 17 | 17 | person for the purpose of building low-income or moderate-income | |
| 18 | 18 | housing on the property. | |
| 19 | 19 | (b) The legislature may provide additional eligibility | |
| 20 | 20 | requirements for an exemption authorized by this section. | |
| 21 | 21 | SECTION 2. This proposed constitutional amendment shall be | |
| 22 | 22 | submitted to the voters at an election to be held November 7, 2017. | |
| 23 | 23 | The ballot shall be printed to permit voting for or against the | |
| 24 | 24 | proposition: "The constitutional amendment authorizing the | |
| 25 | 25 | legislature to exempt from ad valorem taxation by one or more | |
| 26 | 26 | political subdivisions of this state property located near a public | |
| 27 | 27 | school that is owned for the purpose of building low-income or | |
| 28 | 28 | moderate-income housing." |