87R8723 SMT-D
By: Shaheen H.J.R. No. 90
A JOINT RESOLUTION
proposing a constitutional amendment to authorize the legislature
to provide for a temporary limitation on the appraised value for ad
valorem tax purposes of real property located in a political
subdivision any part of which is located in an area that at any time
during the preceding tax year was declared a disaster area.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1, Article VIII, Texas Constitution, is
amended by adding Subsection (i-1) to read as follows:
(i-1) Notwithstanding Subsections (a), (b), and (i) of this
section, the Legislature by general law may limit the maximum
appraised value of real property located in a political subdivision
any part of which is located in an area that at any time during the
preceding tax year was declared a disaster area by the governor or
by the president of the United States to the lesser of the most
recent market value of the property as determined by the appraisal
entity or the appraised value of the property as determined by the
appraisal entity for the preceding tax year. The maximum appraised
value of a residence homestead that is subject to a limitation on
appraised values authorized by this subsection and to a limitation
authorized by Subsection (i) of this section is equal to the lesser
of the amount authorized by this subsection or the amount
authorized by that subsection.
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 for a temporary limitation on the appraised
value for ad valorem tax purposes of real property located in a
political subdivision any part of which is located in an area that
at any time during the preceding tax year was declared a disaster
area."