88R6786 MLH-D
By: Cook H.J.R. No. 159
A JOINT RESOLUTION
proposing a constitutional amendment authorizing the legislature
to exempt from ad valorem taxation a mineral interest that has a
value of less than a certain amount.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1(h), Article VIII, Texas Constitution,
is amended to read as follows:
(h) The Legislature by general law may exempt from ad
valorem taxation a mineral interest that has a taxable value of less
than an amount specified [the minimum amount sufficient to recover
the costs of the administration of the taxes on the interest, as
determined] by the Legislature in [or under] the general law
granting the exemption.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 7, 2023.
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 a mineral interest
that has a value of less than a certain amount."