88R3736 SRA-D
By: Dutton H.J.R. No. 60
A JOINT RESOLUTION
proposing a constitutional amendment requiring the periodic review
of state and local tax preferences and the expiration of certain tax
preferences if not reauthorized by law.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article VIII, Texas Constitution, is amended by
adding Section 27 to read as follows:
Sec. 27. (a) The legislature by general law shall:
(1) require the periodic review of state and local tax
preferences;
(2) define the term "tax preference" for the purposes
of this section; and
(3) prescribe the methods, timing, and administrative
procedures for implementing the requirements of this subsection.
(b) Unless reauthorized by law:
(1) a tax preference that first takes effect on or
after September 1, 2024, expires six years after the date the law
enacting or most recently reauthorizing the tax preference takes
effect, except that the legislature may provide for an earlier
expiration date; and
(2) a tax preference that takes effect before
September 1, 2024, and that is reauthorized by law on or after that
date expires six years after the date the law most recently
reauthorizing the tax preference takes effect, except that the
legislature may provide for an earlier expiration date.
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, requiring the legislature to provide for a
periodic review of state and local tax preferences and providing
for the expiration of certain tax preferences after six years, or at
another time prescribed by the legislature, unless reauthorized by
law.
(b) Section 27, Article VIII, of this constitution, as added
by the amendment, takes effect January 1, 2024.
(c) This temporary provision expires January 2, 2024.
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 requiring the
legislature to provide for a periodic review of state and local tax
preferences and providing for the expiration of certain tax
preferences after six years, or at another time prescribed by the
legislature, unless reauthorized by law."