| 1 | 1 | | 89R2247 RDS-F |
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| 2 | 2 | | By: Perry S.J.R. No. 19 |
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| 7 | 7 | | A JOINT RESOLUTION |
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| 8 | 8 | | proposing a constitutional amendment prohibiting the legislature |
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| 9 | 9 | | from imposing certain taxes on the transfer of an estate, |
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| 10 | 10 | | inheritance, legacy, succession, or gift. |
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| 11 | 11 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 12 | | SECTION 1. Article VIII, Texas Constitution, is amended by |
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| 13 | 13 | | adding Section 26 to read as follows: |
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| 14 | 14 | | Sec. 26. (a) Except as provided by Subsection (b) of this |
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| 15 | 15 | | section, the legislature may not: |
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| 16 | 16 | | (1) impose a state tax on the transfer of an estate, |
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| 17 | 17 | | inheritance, legacy, succession, or gift from an individual, |
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| 18 | 18 | | family, estate, or trust to another individual, family, estate, or |
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| 19 | 19 | | trust, including a tax on a generation-skipping transfer, if the |
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| 20 | 20 | | tax was not in effect on January 1, 2025; or |
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| 21 | 21 | | (2) increase the rate or expand the applicability of a |
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| 22 | 22 | | state tax described by Subdivision (1) of this subsection that was |
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| 23 | 23 | | in effect on January 1, 2025, beyond the rate or applicability of |
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| 24 | 24 | | the tax that was in effect on that date. |
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| 25 | 25 | | (b) This section does not prohibit the imposition or change |
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| 26 | 26 | | in the rate or applicability of a tax: |
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| 27 | 27 | | (1) described by Section 29(b) of this article; or |
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| 28 | 28 | | (2) applicable to the transfer of a motor vehicle by |
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| 29 | 29 | | gift. |
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| 30 | 30 | | SECTION 2. This proposed constitutional amendment shall be |
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| 31 | 31 | | submitted to the voters at an election to be held November 4, 2025. |
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| 32 | 32 | | The ballot shall be printed to permit voting for or against the |
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| 33 | 33 | | proposition: "The constitutional amendment to prohibit the |
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| 34 | 34 | | legislature from imposing certain taxes on the transfer of an |
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| 35 | 35 | | estate, inheritance, legacy, succession, or gift." |
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