88R10136 DRS-D
By: Cook H.J.R. No. 161
A JOINT RESOLUTION
proposing a constitutional amendment authorizing the legislature
to provide for an exemption from ad valorem taxation by a political
subdivision located wholly or partly in a populous county of a
specified dollar amount, or a greater dollar amount specified by
the governing body of the political subdivision, of the assessed
value of a 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 (x) to read as follows:
(x) 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 political
subdivision of this state located wholly or partly in a county with
a population of 200,000 or more of $25,000, or a greater dollar
amount specified by the governing body of the political subdivision
in the manner provided by law for official action by the body, of
the assessed value of an individual's residence homestead. Where
ad valorem tax has previously been pledged for the payment of debt,
the taxing officers of a political subdivision may continue to levy
and collect the tax against the value of the 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.
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 provide for an exemption from ad valorem taxation by
a political subdivision located wholly or partly in a populous
county of a specified dollar amount, or a greater dollar amount
specified by the governing body of the political subdivision, of
the assessed value of a residence homestead."