| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 2023S0294-T 03/10/23 | |
| 2 | 2 | By: Hughes S.J.R. No. 91 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A JOINT RESOLUTION | |
| 6 | 6 | proposing a constitutional amendment prohibiting the imposition of | |
| 7 | 7 | an individual net worth or wealth tax. | |
| 8 | 8 | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 9 | 9 | SECTION 1. Article VIII, Texas Constitution, is amended by | |
| 10 | 10 | adding Section 25 to read as follows: | |
| 11 | 11 | Sec. 25. The legislature may not impose a tax based on the | |
| 12 | 12 | wealth or net worth of an individual or family, including a tax | |
| 13 | 13 | based on the difference between the assets and liabilities of an | |
| 14 | 14 | individual or family. | |
| 15 | 15 | SECTION 2. This proposed constitutional amendment shall be | |
| 16 | 16 | submitted to the voters at an election to be held November 7, 2023. | |
| 17 | 17 | The ballot shall be printed to permit voting for or against the | |
| 18 | 18 | proposition: "The constitutional amendment prohibiting the | |
| 19 | 19 | imposition of an individual wealth or net worth tax, including a tax | |
| 20 | 20 | on the difference between the assets and liabilities of an | |
| 21 | 21 | individual or family." |