87R13061 SMT-D
By: Springer S.J.R. No. 63
A JOINT RESOLUTION
proposing a constitutional amendment authorizing the legislature
to exempt from ad valorem taxation by a school district a portion of
the appraised value of an individual's residence homestead.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1-b, Article VIII, Texas Constitution,
is amended by adding Subsection (t) to read as follows:
(t) In addition to any other exemption authorized or
prescribed by this section, the legislature by general law may
provide for an exemption from ad valorem taxation by a school
district of a portion of the appraised value of an individual's
residence homestead in an amount equal to 150 percent of the median
appraised value of all single-family residences in the state.
Where ad valorem tax of a school district has previously been
pledged for the payment of debt, the taxing officers of the school
district may continue to levy and collect the tax against the value
of residence homesteads exempted under this subsection until the
debt is discharged if the cessation of the levy would impair the
obligation of the contract by which the debt was created. The
legislature by general law may prescribe procedures for the
administration of the exemption authorized under this subsection
and may provide additional eligibility requirements for the
exemption.
SECTION 2. The following temporary provision is added to
the Texas Constitution:
TEMPORARY PROVISION. (a) This temporary provision applies
to the constitutional amendment proposed by the 87th Legislature,
Regular Session, 2021, authorizing the legislature to exempt from
ad valorem taxation by a school district a portion of the appraised
value of an individual's residence homestead in an amount equal to
150 percent of the median appraised value of all single-family
residences in the state.
(b) Section 1-b(t), Article VIII, of this constitution, as
added by the amendment, takes effect January 1, 2022, and applies
only to ad valorem taxes imposed for a tax year beginning on or
after that date.
(c) This temporary provision expires January 1, 2023.
SECTION 3. 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 authorizing the
legislature to exempt from ad valorem taxation by a school district
a portion of the appraised value of an individual's residence
homestead in an amount equal to 150 percent of the median appraised
value of all single-family residences in the state."