| 1 | 1 | | 85R11719 SMT-D |
|---|
| 2 | 2 | | By: Thierry H.J.R. No. 93 |
|---|
| 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 a portion of the assessed value |
|---|
| 8 | 8 | | of the residence homestead of a veteran of the United States armed |
|---|
| 9 | 9 | | services who served in the armed services for a certain period. |
|---|
| 10 | 10 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 11 | 11 | | SECTION 1. Section 1-b, Article VIII, Texas Constitution, |
|---|
| 12 | 12 | | is amended by adding Subsection (p) to read as follows: |
|---|
| 13 | 13 | | (p) The legislature by general law may exempt from ad |
|---|
| 14 | 14 | | valorem taxation $5,000 of the assessed value of the residence |
|---|
| 15 | 15 | | homestead of a veteran of the United States armed services who |
|---|
| 16 | 16 | | served in the armed services for at least three years. Where ad |
|---|
| 17 | 17 | | valorem tax of a political subdivision has previously been pledged |
|---|
| 18 | 18 | | for the payment of debt, the taxing officers of the political |
|---|
| 19 | 19 | | subdivision may continue to levy and collect the tax against the |
|---|
| 20 | 20 | | value of residence homesteads exempted under this subsection until |
|---|
| 21 | 21 | | the debt is discharged if the cessation of the levy would impair the |
|---|
| 22 | 22 | | obligation of the contract by which the debt was created. |
|---|
| 23 | 23 | | SECTION 2. This proposed constitutional amendment shall be |
|---|
| 24 | 24 | | submitted to the voters at an election to be held November 7, 2017. |
|---|
| 25 | 25 | | The ballot shall be printed to permit voting for or against the |
|---|
| 26 | 26 | | proposition: "The constitutional amendment authorizing the |
|---|
| 27 | 27 | | legislature to exempt from ad valorem taxation $5,000 of the |
|---|
| 28 | 28 | | assessed value of the residence homestead of a veteran of the United |
|---|
| 29 | 29 | | States armed services who served in the armed services for at least |
|---|
| 30 | 30 | | three years." |
|---|