| 1 | 1 | | 87R3346 LHC-D |
|---|
| 2 | 2 | | By: Larson H.J.R. No. 44 |
|---|
| 3 | 3 | | |
|---|
| 4 | 4 | | |
|---|
| 5 | 5 | | A JOINT RESOLUTION |
|---|
| 6 | 6 | | proposing a constitutional amendment to authorize the legislature |
|---|
| 7 | 7 | | to provide that if in a tax year the owner of property disputes the |
|---|
| 8 | 8 | | appraisal of the property and the appraised value is lowered as a |
|---|
| 9 | 9 | | result, the appraisal entity may not increase the appraised value |
|---|
| 10 | 10 | | of the property in the next tax year in which the property is |
|---|
| 11 | 11 | | appraised by more than a specified percentage. |
|---|
| 12 | 12 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 13 | 13 | | SECTION 1. Section 1, Article VIII, Texas Constitution, is |
|---|
| 14 | 14 | | amended by adding Subsection (m) to read as follows: |
|---|
| 15 | 15 | | (m) Notwithstanding Subsections (a), (b), and (i) of this |
|---|
| 16 | 16 | | section, the Legislature by general law may provide that if in a tax |
|---|
| 17 | 17 | | year the owner of property disputes the appraisal of the property |
|---|
| 18 | 18 | | for ad valorem tax purposes and the appraised value is lowered as a |
|---|
| 19 | 19 | | result, the appraisal entity may not increase the appraised value |
|---|
| 20 | 20 | | of the property in the next tax year in which the property is |
|---|
| 21 | 21 | | appraised by an amount that exceeds five percent, or a greater |
|---|
| 22 | 22 | | percentage as specified by the general law, of the appraised value |
|---|
| 23 | 23 | | of the property in the tax year in which the appraised value is |
|---|
| 24 | 24 | | lowered. |
|---|
| 25 | 25 | | SECTION 2. This proposed constitutional amendment shall be |
|---|
| 26 | 26 | | submitted to the voters at an election to be held November 2, 2021. |
|---|
| 27 | 27 | | The ballot shall be printed to permit voting for or against the |
|---|
| 28 | 28 | | proposition: "The constitutional amendment to authorize the |
|---|
| 29 | 29 | | legislature to provide that if in a tax year the owner of property |
|---|
| 30 | 30 | | disputes the appraisal of the property and the appraised value is |
|---|
| 31 | 31 | | lowered as a result, the appraisal entity may not increase the |
|---|
| 32 | 32 | | appraised value of the property in the next tax year in which the |
|---|
| 33 | 33 | | property is appraised by more than a specified percentage." |
|---|