Texas House Bill HJR126

Texas 2019 - 86th Regular

Caption

Proposing a constitutional amendment to authorize a local option exemption from ad valorem taxation by a school district of the total market value of the residence homesteads of certain elderly or disabled persons.

Impact

If enacted, the amendment would significantly modify the existing provisions surrounding ad valorem taxes in Texas, particularly as they pertain to local school districts. It would permit districts to exempt certain homeowners from taxes, effectively reducing revenue for local schools but also potentially leading to increased support for residential stability among elderly and disabled citizens. The change is anticipated to facilitate better community programs aimed at supporting these groups while balancing financial implications for school funding.

Summary

HJR126 is a joint resolution proposing a constitutional amendment that allows a local option exemption from ad valorem taxation by school districts for the total market value of residence homesteads owned by certain elderly or disabled persons. The proposed amendment aims to relieve financial burdens on these vulnerable populations, enabling them to retain their properties without the pressing weight of school district property taxes. This measure specifically targets individuals who are already facing challenges based on age or disability, providing a safety net for maintaining their homeownership.

Contention

Notably, discussions around HJR126 could reveal varied opinions regarding the fiscal impacts on school funding and the sustainability of local tax revenues. Supporters argue these exemptions uphold justice for those least capable of affording tax burdens, likening it to a moral imperative for equitable treatment of disadvantaged residents. However, opponents might raise concerns about the potential decrease in funds available for public education from local school districts, which could detract from service and facility improvements needed to benefit all students. Thus, the bill encapsulates broader debates on tax policy, social welfare, and educational funding.