| 1 | 1 | | 89R4376 CS-D |
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| 2 | 2 | | By: Eckhardt, Gutierrez S.J.R. No. 30 |
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| 7 | 7 | | A JOINT RESOLUTION |
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| 8 | 8 | | proposing a constitutional amendment authorizing the governing |
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| 9 | 9 | | body of a political subdivision to adopt an exemption from ad |
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| 10 | 10 | | valorem taxation of a portion, expressed as a dollar amount, of the |
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| 11 | 11 | | market value of an individual's residence homestead. |
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| 12 | 12 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 13 | 13 | | SECTION 1. Section 1-b, Article VIII, Texas Constitution, |
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| 14 | 14 | | is amended by adding Subsection (e-1) to read as follows: |
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| 15 | 15 | | (e-1) The governing body of a political subdivision may |
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| 16 | 16 | | exempt from ad valorem taxation a portion, expressed as a dollar |
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| 17 | 17 | | amount, of the market value of the residence homestead of an |
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| 18 | 18 | | individual. The amount of the exemption may not be less than |
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| 19 | 19 | | $5,000. The legislature by general law may prohibit the governing |
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| 20 | 20 | | body of a political subdivision that adopts an exemption under this |
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| 21 | 21 | | subsection from reducing the amount of or repealing the exemption. |
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| 22 | 22 | | An individual is entitled to receive other applicable exemptions |
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| 23 | 23 | | provided by law. Where ad valorem tax has previously been pledged |
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| 24 | 24 | | for the payment of debt, a political subdivision may continue to |
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| 25 | 25 | | levy and collect the tax against the value of the homesteads |
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| 26 | 26 | | exempted under this subsection until the debt is discharged if the |
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| 27 | 27 | | cessation of the levy would impair the obligation of the contract by |
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| 28 | 28 | | which the debt was created. The legislature by general law may |
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| 29 | 29 | | prescribe procedures for the administration of this subsection. |
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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 89th Legislature, |
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| 34 | 34 | | Regular Session, 2025, authorizing the governing body of a |
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| 35 | 35 | | political subdivision to adopt an exemption from ad valorem |
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| 36 | 36 | | taxation of a portion, expressed as a dollar amount, of the market |
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| 37 | 37 | | value of an individual's residence homestead. |
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| 38 | 38 | | (b) Section 1-b(e-1), Article VIII, of this constitution, |
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| 39 | 39 | | as added by the amendment, takes effect beginning with the tax year |
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| 40 | 40 | | that begins January 1, 2026. |
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| 41 | 41 | | (c) This temporary provision expires January 1, 2027. |
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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 4, 2025. |
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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 authorizing the |
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| 46 | 46 | | governing body of a political subdivision to adopt an exemption |
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| 47 | 47 | | from ad valorem taxation of a portion, expressed as a dollar amount, |
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| 48 | 48 | | of the market value of an individual's residence homestead." |
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