85R11719 SMT-D
By: Thierry H.J.R. No. 93
A JOINT RESOLUTION
proposing a constitutional amendment authorizing the legislature
to exempt from ad valorem taxation a portion of the assessed value
of the residence homestead of a veteran of the United States armed
services who served in the armed services for a certain period.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1-b, Article VIII, Texas Constitution,
is amended by adding Subsection (p) to read as follows:
(p) The legislature by general law may exempt from ad
valorem taxation $5,000 of the assessed value of the residence
homestead of a veteran of the United States armed services who
served in the armed services for at least three years. Where ad
valorem tax of a political subdivision has previously been pledged
for the payment of debt, the taxing officers of the political
subdivision may continue to levy and collect the tax against the
value of residence 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.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 7, 2017.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment authorizing the
legislature to exempt from ad valorem taxation $5,000 of the
assessed value of the residence homestead of a veteran of the United
States armed services who served in the armed services for at least
three years."