| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 89R3749 MLH-D | |
| 2 | 2 | By: Gervin-Hawkins H.J.R. No. 102 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | ||
| 6 | 6 | ||
| 7 | 7 | A JOINT RESOLUTION | |
| 8 | 8 | proposing a constitutional amendment to authorize the legislature | |
| 9 | 9 | to provide for an exemption from ad valorem taxation of the amount | |
| 10 | 10 | of the market value of residential real property that arises from | |
| 11 | 11 | the installation in the property of certain energy | |
| 12 | 12 | efficiency-related improvements. | |
| 13 | 13 | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 14 | 14 | SECTION 1. Article VIII, Texas Constitution, is amended by | |
| 15 | 15 | adding Section 1-m-2 to read as follows: | |
| 16 | 16 | Sec. 1-m-2. The legislature by general law may exempt from | |
| 17 | 17 | ad valorem taxation the portion of the market value of residential | |
| 18 | 18 | real property that arises from the installation in the property of | |
| 19 | 19 | an energy efficiency-related improvement. The legislature may | |
| 20 | 20 | define "energy efficiency-related improvement" for purposes of | |
| 21 | 21 | this section and may prescribe additional eligibility requirements | |
| 22 | 22 | for the exemption provided by this section. | |
| 23 | 23 | SECTION 2. This proposed constitutional amendment shall be | |
| 24 | 24 | submitted to the voters at an election to be held November 4, 2025. | |
| 25 | 25 | The ballot shall be printed to permit voting for or against the | |
| 26 | 26 | proposition: "The constitutional amendment to authorize the | |
| 27 | 27 | legislature to provide for an exemption from ad valorem taxation of | |
| 28 | 28 | the amount of the market value of residential real property that | |
| 29 | 29 | arises from the installation in the property of certain energy | |
| 30 | 30 | efficiency-related improvements." |