|
|
|
A JOINT RESOLUTION
|
|
proposing a constitutional amendment prohibiting the imposition of |
|
an individual net worth or wealth tax. |
|
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Article VIII, Texas Constitution, is amended by |
|
adding Section 25 to read as follows: |
|
Sec. 25. The legislature may not impose a tax based on the |
|
wealth or net worth of an individual or family, including a tax |
|
based on the difference between the assets and liabilities of an |
|
individual or family. |
|
SECTION 2. This proposed constitutional amendment shall be |
|
submitted to the voters at an election to be held November 7, 2023. |
|
The ballot shall be printed to permit voting for or against the |
|
proposition:"The constitutional amendment prohibiting the |
|
imposition of an individual wealth or net worth tax, including a tax |
|
on the difference between the assets and liabilities of an |
|
individual or family." |