87R3346 LHC-D
By: Larson H.J.R. No. 44
A JOINT RESOLUTION
proposing a constitutional amendment to authorize the legislature
to provide that if in a tax year the owner of property disputes the
appraisal of the property and the appraised value is lowered as a
result, the appraisal entity may not increase the appraised value
of the property in the next tax year in which the property is
appraised by more than a specified percentage.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1, Article VIII, Texas Constitution, is
amended by adding Subsection (m) to read as follows:
(m) Notwithstanding Subsections (a), (b), and (i) of this
section, the Legislature by general law may provide that if in a tax
year the owner of property disputes the appraisal of the property
for ad valorem tax purposes and the appraised value is lowered as a
result, the appraisal entity may not increase the appraised value
of the property in the next tax year in which the property is
appraised by an amount that exceeds five percent, or a greater
percentage as specified by the general law, of the appraised value
of the property in the tax year in which the appraised value is
lowered.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 2, 2021.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment to authorize the
legislature to provide that if in a tax year the owner of property
disputes the appraisal of the property and the appraised value is
lowered as a result, the appraisal entity may not increase the
appraised value of the property in the next tax year in which the
property is appraised by more than a specified percentage."