86R7825 TJB-D
By: Dutton H.J.R. No. 58
A JOINT RESOLUTION
proposing a constitutional amendment authorizing the legislature
to exempt from ad valorem taxation by one or more political
subdivisions of this state property located near a public school or
within a municipal management district that is owned for the
purpose of building low-income housing.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article VIII, Texas Constitution, is amended by
adding Section 1-w to read as follows:
Sec. 1-w. (a) The legislature by general law may exempt
from ad valorem taxation by one or more political subdivisions of
this state property located near a public school or within a
municipal management district created under general or special law
to accomplish the purposes of Sections 52 and 52-a, Article III, and
Section 59, Article XVI, of this constitution that is owned by a
person for the purpose of building low-income housing on the
property.
(b) The legislature may provide additional eligibility
requirements for an exemption authorized by this section.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 5, 2019.
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 by one or more
political subdivisions of this state property located near a public
school or within a municipal management district that is owned for
the purpose of building low-income housing."