Texas 2025 - 89th Regular

Texas House Bill HJR200 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	89R11518 DRS-D
2	2	By: Bryant H.J.R. No. 200
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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 by a school
10	10	district of a portion of the market value of certain leased
11	11	residential real properties, to establish and prescribe the
12	12	permissible uses of the property tax relief to rental households
13	13	fund, and to include payments from the property tax relief to rental
14	14	households fund in the exception of certain appropriations to pay
15	15	for ad valorem tax relief from the constitutional limitation on the
16	16	rate of growth of appropriations.
17	17	BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
18	18	SECTION 1. Article VIII, Texas Constitution, is amended by
19	19	adding Sections 1-b-3 and 30 to read as follows:
20	20	Sec. 1-b-3. (a) In this section, "qualified residential
21	21	real property" means real property that:
22	22	(1) is at least 15 years old on the date the owner of
23	23	the property applies for the exemption authorized under this
24	24	section;
25	25	(2) is a multifamily residential property that
26	26	consists of or includes residential units leased to lessees and
27	27	used by those lessees as a primary residence; and
28	28	(3) satisfies the eligibility requirements prescribed
29	29	by the legislature by general law.
30	30	(b) The legislature by general law may exempt from ad
31	31	valorem taxation by a school district:
32	32	(1) 50 percent of the market value of qualified
33	33	residential real property a person owns, excluding the portion of
34	34	the market value of the property described by Subdivision (2) of
35	35	this subsection, if applicable; and
36	36	(2) any increase in the market value of qualified
37	37	residential real property that is attributable to the
38	38	rehabilitation of the property.
39	39	(c) The legislature by general law may prescribe additional
40	40	eligibility requirements for the exemption.
41	41	(d) The legislature by general law may prescribe procedures
42	42	for the implementation and administration of this section.
43	43	Sec. 30. (a) The property tax relief to rental households
44	44	fund is established as a fund in the state treasury.
45	45	(b) The property tax relief to rental households fund may
46	46	consist of money:
47	47	(1) transferred or appropriated to the fund by the
48	48	legislature; or
49	49	(2) dedicated for deposit to the credit of the fund by
50	50	the legislature by general law.
51	51	(c) Money in the property tax relief to rental households
52	52	fund may be appropriated to the comptroller of public accounts only
53	53	for the purpose of making direct payments to rental households to
54	54	provide property tax relief in the manner prescribed by the
55	55	legislature by general law.
56	56	(d) A general law enacted under this section may:
57	57	(1) define "rental household" for purposes of this
58	58	section;
59	59	(2) prescribe eligibility requirements for the
60	60	receipt of a payment from the property tax relief to rental
61	61	households fund; and
62	62	(3) prescribe procedures for the administration of
63	63	this section.
64	64	(e) On January 1, 2026:
65	65	(1) the amount of $3.8 billion is appropriated from
66	66	the general revenue fund to the comptroller of public accounts for
67	67	the purpose of immediate deposit to the credit of the property tax
68	68	relief to rental households fund; and
69	69	(2) the amount of $3.8 billion is appropriated from
70	70	the property tax relief to rental households fund to the
71	71	comptroller of public accounts for the purpose of making direct
72	72	payments to rental households during the state fiscal biennium
73	73	ending August 31, 2027, in the manner prescribed by the general law
74	74	enacted under this section.
75	75	(f) For purposes of Section 22 of this article, an
76	76	appropriation made under Subsection (e) of this section is treated
77	77	as if it were an appropriation of revenues dedicated by this
78	78	constitution.
79	79	(g) This subsection and Subsections (e) and (f) of this
80	80	section expire December 31, 2026.
81	81	SECTION 2. Section 22(a-1), Article VIII, Texas
82	82	Constitution, is amended to read as follows:
83	83	(a-1) Appropriations from state tax revenues not dedicated
84	84	by this constitution that are made for the purpose of paying for ad
85	85	valorem tax relief as identified by the legislature by general law,
86	86	including payments made from the property tax relief to rental
87	87	households fund under Section 30 of this article, are not included
88	88	as appropriations for purposes of determining whether the rate of
89	89	growth of appropriations exceeds the limitation prescribed by
90	90	Subsection (a) of this section.
91	91	SECTION 3. The following temporary provision is added to
92	92	the Texas Constitution:
93	93	TEMPORARY PROVISION. (a) This temporary provision applies
94	94	to the constitutional amendment proposed by the 89th Legislature,
95	95	Regular Session, 2025, to authorize the legislature to provide for
96	96	an exemption from ad valorem taxation by a school district of a
97	97	portion of the market value of certain leased residential real
98	98	properties, to establish and prescribe the permissible uses of the
99	99	property tax relief to rental households fund, and to include
100	100	payments from the property tax relief to rental households fund in
101	101	the exception of certain appropriations to pay for ad valorem tax
102	102	relief from the constitutional limitation on the rate of growth of
103	103	appropriations.
104	104	(b) The amendments adding Sections 1-b-3 and 30 to Article
105	105	VIII of this constitution take effect beginning with the tax year
106	106	beginning January 1, 2026.
107	107	(c) The amendment to Section 22(a-1), Article VIII, of this
108	108	constitution applies to appropriations made for the state fiscal
109	109	biennium beginning September 1, 2025, and subsequent state fiscal
110	110	bienniums.
111	111	(d) This temporary provision expires January 1, 2027.
112	112	SECTION 4. This proposed constitutional amendment shall be
113	113	submitted to the voters at an election to be held November 4, 2025.
114	114	The ballot shall be printed to permit voting for or against the
115	115	proposition: "The constitutional amendment to authorize the
116	116	legislature to provide for an exemption from ad valorem taxation by
117	117	a school district of a portion of the market value of certain leased
118	118	residential real properties, to establish and prescribe the
119	119	permissible uses of the property tax relief to rental households
120	120	fund, and to include payments from the property tax relief to rental
121	121	households fund in the exception of certain appropriations to pay
122	122	for ad valorem tax relief from the constitutional limitation on the
123	123	rate of growth of appropriations."