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|---|---|---|---|
| 1 | 1 | 86R3201 SMT-F | |
| 2 | 2 | By: Taylor S.J.R. No. 49 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A JOINT RESOLUTION | |
| 6 | 6 | proposing a constitutional amendment authorizing the legislature | |
| 7 | 7 | to provide for a temporary local option exemption from ad valorem | |
| 8 | 8 | taxation of a portion of the appraised value of certain property | |
| 9 | 9 | damaged by a disaster. | |
| 10 | 10 | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 11 | 11 | SECTION 1. Section 2, Article VIII, Texas Constitution, is | |
| 12 | 12 | amended by adding Subsection (e) to read as follows: | |
| 13 | 13 | (e) The Legislature by general law may provide that a person | |
| 14 | 14 | who owns property located in an area declared by the governor to be | |
| 15 | 15 | a disaster area following a disaster is entitled to a temporary | |
| 16 | 16 | exemption from ad valorem taxation by a political subdivision of a | |
| 17 | 17 | portion of the appraised value of that property if the exemption is | |
| 18 | 18 | adopted by the governing body of the political subdivision. The | |
| 19 | 19 | Legislature by general law may prescribe the method of determining | |
| 20 | 20 | the amount of the exemption authorized by this subsection and the | |
| 21 | 21 | duration of the exemption and may provide additional eligibility | |
| 22 | 22 | requirements for the exemption. | |
| 23 | 23 | SECTION 2. This proposed constitutional amendment shall be | |
| 24 | 24 | submitted to the voters at an election to be held November 5, 2019. | |
| 25 | 25 | The ballot shall be printed to permit voting for or against the | |
| 26 | 26 | proposition: "The constitutional amendment authorizing the | |
| 27 | 27 | legislature to provide for a temporary local option exemption from | |
| 28 | 28 | ad valorem taxation of a portion of the appraised value of certain | |
| 29 | 29 | property damaged by a disaster." |