88R13268 SHH-D
By: Jones of Harris H.J.R. No. 191
A JOINT RESOLUTION
proposing a constitutional amendment to exempt from ad valorem
taxation 50 percent of the appraised value of the residence
homestead of a person who has received a residence homestead
exemption on the property for at least the preceding 10 years.
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 (y) to read as follows:
(y) A person is entitled to an exemption from ad valorem
taxation of 50 percent of the appraised value of the person's
residence homestead if the person has received an exemption under
this section for that residence homestead for at least the
preceding 10 years. Where ad valorem tax of a political subdivision
has previously been pledged for the payment of debt, the taxing
officers of the political subdivision 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 shall provide for formulas to
protect school districts against all or part of the revenue loss
incurred by the implementation of this subsection. The legislature
by general law may prescribe procedures for the administration of
this subsection.
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 88th Legislature,
Regular Session, 2023, to exempt from ad valorem taxation 50
percent of the appraised value of the residence homestead of a
person who has received a residence homestead exemption for the
property for at least the preceding 10 years.
(b) Section 1-b(y), Article VIII, of this constitution
takes effect January 1, 2024.
(c) This temporary provision expires January 1, 2025.
SECTION 3. 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 to exempt from ad
valorem taxation 50 percent of the appraised value of the residence
homestead of a person who has received a residence homestead
exemption for the property for at least the preceding 10 years."