| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 86R3332 SMT-D | |
| 2 | 2 | By: Button H.J.R. No. 94 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A JOINT RESOLUTION | |
| 6 | 6 | proposing a constitutional amendment authorizing the legislature | |
| 7 | 7 | to exempt from ad valorem taxation tangible personal property | |
| 8 | 8 | consisting of food or food products held by the owner of the | |
| 9 | 9 | property for sale at retail. | |
| 10 | 10 | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 11 | 11 | SECTION 1. Article VIII, Texas Constitution, is amended by | |
| 12 | 12 | adding Section 1-q to read as follows: | |
| 13 | 13 | Sec. 1-q. (a) The legislature by general law may exempt | |
| 14 | 14 | from ad valorem taxation tangible personal property consisting of | |
| 15 | 15 | food or food products held by the owner of the property for sale at | |
| 16 | 16 | retail. | |
| 17 | 17 | (b) The legislature by general law may provide additional | |
| 18 | 18 | eligibility requirements for the exemption authorized by this | |
| 19 | 19 | section. | |
| 20 | 20 | SECTION 2. This proposed constitutional amendment shall be | |
| 21 | 21 | submitted to the voters at an election to be held November 5, 2019. | |
| 22 | 22 | The ballot shall be printed to permit voting for or against the | |
| 23 | 23 | proposition: "The constitutional amendment authorizing the | |
| 24 | 24 | legislature to exempt from ad valorem taxation tangible personal | |
| 25 | 25 | property consisting of food or food products held by the owner of | |
| 26 | 26 | the property for sale at retail." |