TX
Texas Senate Bill SJR13

Texas 2021 - 87th 2nd C.S.

Texas Senate Bill SJR13

Caption

Proposing a constitutional amendment to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district and to reduce the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect the increased exemption amount.

Impact

The amendment includes provisions that would allow the legislature to define eligibility and the amount of additional exemptions based on economic need for disabled persons and the elderly. If passed, this measure would alter the existing tax landscape significantly, reducing ad valorem taxes levied by school districts on exempt homesteads and potentially changing the funding structures of those districts. The new exemption levels would help stabilize the tax responsibilities of older and disabled homeowners, preserving their financial security.

Summary

SJR13 proposes a constitutional amendment aimed at increasing the exemption amount for residence homesteads from ad valorem taxation by school districts. Specifically, it seeks to raise the exemption from $25,000 to $35,000 for the market value of a homestead for all adults, as well as to introduce additional considerations for disabled persons and those aged 65 or older. The resolution intends to provide financial relief to these vulnerable groups by reducing the overall burden of school district taxes on their homestead properties.

Contention

Discussion surrounding SJR13 indicates that while there is general support for helping the elderly and disabled, there are concerns about the impact this may have on local school district revenues. Opponents argue that the reduction in tax base could lead to funding shortfalls for essential educational services, necessitating a reevaluation of how school districts are funded. Supporters counter that the substantial benefits provided to vulnerable populations justify the amendment, emphasizing the need for equitable tax relief in light of rising costs.

Latest SJR13 Activity

Companion Bills

TX SB55

Enabled by Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district, a reduction in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect the increased exemption amount, and the protection of school districts against the resulting loss in local revenue.

Similar Bills

TX HJR22

Proposing a constitutional amendment to appropriate money from the economic stabilization fund to the foundation school fund and use the money to finance a temporary increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and a temporary reduction in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect the increased exemption amount.

TX HJR14

Proposing a constitutional amendment to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district and to reduce the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect the increased exemption amount.

TX HJR32

Proposing a constitutional amendment to appropriate money from the economic stabilization fund to the foundation school fund and use the money to finance a temporary increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and a temporary reduction in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect the increased exemption amount.

TX HJR75

Proposing a constitutional amendment to appropriate money from the economic stabilization fund to the foundation school fund and use the money to finance a temporary increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and a temporary reduction in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect the increased exemption amount.

TX SJR71

Proposing a constitutional amendment to use revenue attributable to oil and gas production taxes to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district and reduce the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect the increased exemption amount.

TX SJR3

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes, to increase the amount of an exemption from ad valorem taxation by a school district applicable to residence homesteads, to adjust the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in certain exemption amounts, and to except certain appropriations to pay for ad valorem tax relief from the constitutional limitation on the rate of growth of appropriations.

TX SJR6

Proposing a constitutional amendment relating to the calculation of a limitation on the total amount of ad valorem taxes that may be imposed by certain political subdivisions on the residence homestead of a person who is elderly or disabled.

TX HJR44

Proposing a constitutional amendment to appropriate money from the general revenue fund to the foundation school fund and use the money to finance a temporary increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and a temporary reduction in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect the increased exemption amount.