85S10722 TJB-D
By: Uresti H.J.R. No. 41
A JOINT RESOLUTION
proposing a constitutional amendment to limit the amount of ad
valorem taxes that a municipality may impose for a temporary period
on property located in an area annexed by the municipality.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article VIII, Texas Constitution, is amended by
adding Section 1-q to read as follows:
Sec. 1-q. (a) This section applies only to the ad valorem
taxation by a municipality of property located in an area that is
first included in the corporate boundaries of the municipality on
or after January 1, 2019, as the result of the municipality's
annexation of the area.
(b) Notwithstanding any other law, the total amount of ad
valorem taxes imposed by the municipality on the property for each
of the first four years for which the municipality is authorized to
tax the property is as follows:
(1) for the first tax year, 20 percent of the amount of
taxes imposed by the municipality on the property for that tax year
as otherwise calculated under law;
(2) for the second tax year, 40 percent of the amount
of taxes imposed by the municipality on the property for that tax
year as otherwise calculated under law;
(3) for the third tax year, 60 percent of the amount of
taxes imposed by the municipality on the property for that tax year
as otherwise calculated under law; and
(4) for the fourth tax year, 80 percent of the amount
of taxes imposed by the municipality on the property for that tax
year as otherwise calculated under law.
(c) The legislature by general law may prescribe procedures
for the administration of this section.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 6, 2018.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment to limit the amount of
ad valorem taxes that a municipality may impose for a temporary
period on property located in an area annexed by the municipality."