87R4859 TJB-D
By: Davis H.J.R. No. 81
A JOINT RESOLUTION
proposing a constitutional amendment to authorize the legislature
to permit certain political subdivisions to adopt a temporary
limitation on the appraised value for taxation of certain real
property located in specified areas.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article VIII, Texas Constitution, is amended by
adding Section 1-a-1 to read as follows:
Sec. 1-a-1. (a) Notwithstanding Sections 1(a) and (b) of this
article, and Section 56, Article III, of this constitution, the
legislature by local law may authorize the governing body of one or
more political subdivisions to adopt a temporary limitation on the
appraised value for taxation by the political subdivision of one or
more types of real property located in certain areas specified by
law. Property subject to the limitation shall be taxed at the
lesser of the appraised value of the property as otherwise
determined by law or the appraised value of the property for the tax
year preceding the tax year in which the limitation first applies.
(b) A law enacted under this section:
(1) must specify one or more areas to which the
appraisal limitation authorized by this section applies;
(2) must prescribe the period for which the limitation
applies, which may not be longer than 15 consecutive tax years;
(3) must prescribe the types of real property to which
the limitation applies;
(4) may prescribe additional eligibility requirements
for the limitation; and
(5) may prescribe procedures for the administration of
the limitation.
(c) Section 57, Article III, Texas Constitution, does not
apply to a local law authorized by this section.
(d) This section expires January 1, 2038.
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 permit certain political subdivisions to adopt a
temporary limitation on the appraised value for taxation of certain
real property located in specified areas."