| 1 | 1 | | 88R3736 SRA-D |
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| 2 | 2 | | By: Dutton H.J.R. No. 60 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A JOINT RESOLUTION |
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| 6 | 6 | | proposing a constitutional amendment requiring the periodic review |
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| 7 | 7 | | of state and local tax preferences and the expiration of certain tax |
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| 8 | 8 | | preferences if not reauthorized by law. |
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| 9 | 9 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Article VIII, Texas Constitution, is amended by |
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| 11 | 11 | | adding Section 27 to read as follows: |
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| 12 | 12 | | Sec. 27. (a) The legislature by general law shall: |
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| 13 | 13 | | (1) require the periodic review of state and local tax |
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| 14 | 14 | | preferences; |
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| 15 | 15 | | (2) define the term "tax preference" for the purposes |
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| 16 | 16 | | of this section; and |
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| 17 | 17 | | (3) prescribe the methods, timing, and administrative |
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| 18 | 18 | | procedures for implementing the requirements of this subsection. |
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| 19 | 19 | | (b) Unless reauthorized by law: |
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| 20 | 20 | | (1) a tax preference that first takes effect on or |
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| 21 | 21 | | after September 1, 2024, expires six years after the date the law |
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| 22 | 22 | | enacting or most recently reauthorizing the tax preference takes |
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| 23 | 23 | | effect, except that the legislature may provide for an earlier |
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| 24 | 24 | | expiration date; and |
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| 25 | 25 | | (2) a tax preference that takes effect before |
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| 26 | 26 | | September 1, 2024, and that is reauthorized by law on or after that |
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| 27 | 27 | | date expires six years after the date the law most recently |
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| 28 | 28 | | reauthorizing the tax preference takes effect, except that the |
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| 29 | 29 | | legislature may provide for an earlier expiration date. |
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| 30 | 30 | | SECTION 2. The following temporary provision is added to |
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| 31 | 31 | | the Texas Constitution: |
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| 32 | 32 | | TEMPORARY PROVISION. (a) This temporary provision applies |
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| 33 | 33 | | to the constitutional amendment proposed by the 88th Legislature, |
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| 34 | 34 | | Regular Session, 2023, requiring the legislature to provide for a |
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| 35 | 35 | | periodic review of state and local tax preferences and providing |
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| 36 | 36 | | for the expiration of certain tax preferences after six years, or at |
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| 37 | 37 | | another time prescribed by the legislature, unless reauthorized by |
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| 38 | 38 | | law. |
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| 39 | 39 | | (b) Section 27, Article VIII, of this constitution, as added |
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| 40 | 40 | | by the amendment, takes effect January 1, 2024. |
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| 41 | 41 | | (c) This temporary provision expires January 2, 2024. |
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| 42 | 42 | | SECTION 3. This proposed constitutional amendment shall be |
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| 43 | 43 | | submitted to the voters at an election to be held November 7, 2023. |
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| 44 | 44 | | The ballot shall be printed to permit voting for or against the |
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| 45 | 45 | | proposition: "The constitutional amendment requiring the |
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| 46 | 46 | | legislature to provide for a periodic review of state and local tax |
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| 47 | 47 | | preferences and providing for the expiration of certain tax |
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| 48 | 48 | | preferences after six years, or at another time prescribed by the |
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| 49 | 49 | | legislature, unless reauthorized by law." |
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