| 1 | 1 | | 87S20104 SMH-D |
|---|
| 2 | 2 | | By: Meyer H.J.R. No. 2 |
|---|
| 3 | 3 | | |
|---|
| 4 | 4 | | |
|---|
| 5 | 5 | | A JOINT RESOLUTION |
|---|
| 6 | 6 | | proposing a constitutional amendment authorizing the legislature |
|---|
| 7 | 7 | | to provide for the reduction of the amount of a limitation on the |
|---|
| 8 | 8 | | total amount of ad valorem taxes that may be imposed for general |
|---|
| 9 | 9 | | elementary and secondary public school purposes on the residence |
|---|
| 10 | 10 | | homestead of a person who is elderly or disabled to reflect any |
|---|
| 11 | 11 | | statutory reduction from the preceding tax year in the maximum |
|---|
| 12 | 12 | | compressed rate of the maintenance and operations taxes imposed for |
|---|
| 13 | 13 | | those purposes on the homestead. |
|---|
| 14 | 14 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 15 | 15 | | SECTION 1. Section 1-b, Article VIII, Texas Constitution, |
|---|
| 16 | 16 | | is amended by adding Subsection (d-2) to read as follows: |
|---|
| 17 | 17 | | (d-2) Notwithstanding Subsections (d) and (d-1) of this |
|---|
| 18 | 18 | | section, the legislature by general law may provide for the |
|---|
| 19 | 19 | | reduction of the amount of a limitation provided by Subsection (d) |
|---|
| 20 | 20 | | of this section and applicable to a residence homestead for a tax |
|---|
| 21 | 21 | | year to reflect any statutory reduction from the preceding tax year |
|---|
| 22 | 22 | | in the maximum compressed rate, as defined by general law, or a |
|---|
| 23 | 23 | | successor rate of the maintenance and operations taxes imposed for |
|---|
| 24 | 24 | | general elementary and secondary public school purposes on the |
|---|
| 25 | 25 | | homestead. A general law enacted under this subsection may take |
|---|
| 26 | 26 | | into account the difference between the tier one maintenance and |
|---|
| 27 | 27 | | operations rate for the 2018 tax year and the maximum compressed |
|---|
| 28 | 28 | | rate for the 2019 tax year applicable to a residence homestead and |
|---|
| 29 | 29 | | any reductions in subsequent tax years before the tax year in which |
|---|
| 30 | 30 | | the general law takes effect in the maximum compressed rate |
|---|
| 31 | 31 | | applicable to a residence homestead. |
|---|
| 32 | 32 | | SECTION 2. This proposed constitutional amendment shall be |
|---|
| 33 | 33 | | submitted to the voters at an election to be held November 8, 2022. |
|---|
| 34 | 34 | | The ballot shall be printed to permit voting for or against the |
|---|
| 35 | 35 | | proposition: "The constitutional amendment authorizing the |
|---|
| 36 | 36 | | legislature to provide for the reduction of the amount of a |
|---|
| 37 | 37 | | limitation on the total amount of ad valorem taxes that may be |
|---|
| 38 | 38 | | imposed for general elementary and secondary public school purposes |
|---|
| 39 | 39 | | on the residence homestead of a person who is elderly or disabled to |
|---|
| 40 | 40 | | reflect any statutory reduction from the preceding tax year in the |
|---|
| 41 | 41 | | maximum compressed rate of the maintenance and operations taxes |
|---|
| 42 | 42 | | imposed for those purposes on the homestead." |
|---|