| 1 | 1 | | 85S10722 TJB-D |
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| 2 | 2 | | By: Uresti H.J.R. No. 41 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A JOINT RESOLUTION |
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| 6 | 6 | | proposing a constitutional amendment to limit the amount of ad |
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| 7 | 7 | | valorem taxes that a municipality may impose for a temporary period |
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| 8 | 8 | | on property located in an area annexed by the municipality. |
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| 9 | 9 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Article VIII, Texas Constitution, is amended by |
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| 11 | 11 | | adding Section 1-q to read as follows: |
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| 12 | 12 | | Sec. 1-q. (a) This section applies only to the ad valorem |
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| 13 | 13 | | taxation by a municipality of property located in an area that is |
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| 14 | 14 | | first included in the corporate boundaries of the municipality on |
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| 15 | 15 | | or after January 1, 2019, as the result of the municipality's |
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| 16 | 16 | | annexation of the area. |
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| 17 | 17 | | (b) Notwithstanding any other law, the total amount of ad |
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| 18 | 18 | | valorem taxes imposed by the municipality on the property for each |
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| 19 | 19 | | of the first four years for which the municipality is authorized to |
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| 20 | 20 | | tax the property is as follows: |
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| 21 | 21 | | (1) for the first tax year, 20 percent of the amount of |
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| 22 | 22 | | taxes imposed by the municipality on the property for that tax year |
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| 23 | 23 | | as otherwise calculated under law; |
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| 24 | 24 | | (2) for the second tax year, 40 percent of the amount |
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| 25 | 25 | | of taxes imposed by the municipality on the property for that tax |
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| 26 | 26 | | year as otherwise calculated under law; |
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| 27 | 27 | | (3) for the third tax year, 60 percent of the amount of |
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| 28 | 28 | | taxes imposed by the municipality on the property for that tax year |
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| 29 | 29 | | as otherwise calculated under law; and |
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| 30 | 30 | | (4) for the fourth tax year, 80 percent of the amount |
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| 31 | 31 | | of taxes imposed by the municipality on the property for that tax |
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| 32 | 32 | | year as otherwise calculated under law. |
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| 33 | 33 | | (c) The legislature by general law may prescribe procedures |
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| 34 | 34 | | for the administration of this section. |
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| 35 | 35 | | SECTION 2. This proposed constitutional amendment shall be |
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| 36 | 36 | | submitted to the voters at an election to be held November 6, 2018. |
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| 37 | 37 | | The ballot shall be printed to permit voting for or against the |
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| 38 | 38 | | proposition: "The constitutional amendment to limit the amount of |
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| 39 | 39 | | ad valorem taxes that a municipality may impose for a temporary |
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| 40 | 40 | | period on property located in an area annexed by the municipality." |
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