| 1 | 1 | | 86R7825 TJB-D |
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| 2 | 2 | | By: Dutton H.J.R. No. 58 |
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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 authorizing the legislature |
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| 7 | 7 | | to exempt from ad valorem taxation by one or more political |
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| 8 | 8 | | subdivisions of this state property located near a public school or |
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| 9 | 9 | | within a municipal management district that is owned for the |
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| 10 | 10 | | purpose of building low-income housing. |
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| 11 | 11 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 12 | | SECTION 1. Article VIII, Texas Constitution, is amended by |
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| 13 | 13 | | adding Section 1-w to read as follows: |
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| 14 | 14 | | Sec. 1-w. (a) The legislature by general law may exempt |
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| 15 | 15 | | from ad valorem taxation by one or more political subdivisions of |
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| 16 | 16 | | this state property located near a public school or within a |
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| 17 | 17 | | municipal management district created under general or special law |
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| 18 | 18 | | to accomplish the purposes of Sections 52 and 52-a, Article III, and |
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| 19 | 19 | | Section 59, Article XVI, of this constitution that is owned by a |
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| 20 | 20 | | person for the purpose of building low-income housing on the |
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| 21 | 21 | | property. |
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| 22 | 22 | | (b) The legislature may provide additional eligibility |
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| 23 | 23 | | requirements for an exemption authorized by this section. |
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| 24 | 24 | | SECTION 2. This proposed constitutional amendment shall be |
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| 25 | 25 | | submitted to the voters at an election to be held November 5, 2019. |
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| 26 | 26 | | The ballot shall be printed to permit voting for or against the |
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| 27 | 27 | | proposition: "The constitutional amendment authorizing the |
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| 28 | 28 | | legislature to exempt from ad valorem taxation by one or more |
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| 29 | 29 | | political subdivisions of this state property located near a public |
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| 30 | 30 | | school or within a municipal management district that is owned for |
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| 31 | 31 | | the purpose of building low-income housing." |
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