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A JOINT RESOLUTION
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proposing a constitutional amendment to authorize the legislature |
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to provide for an exemption from ad valorem taxation of the amount |
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of the market value of residential real property that arises from |
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the installation in the property of certain energy |
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efficiency-related improvements. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Article VIII, Texas Constitution, is amended by |
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adding Section 1-m-2 to read as follows: |
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Sec. 1-m-2. The legislature by general law may exempt from |
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ad valorem taxation the portion of the market value of residential |
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real property that arises from the installation in the property of |
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an energy efficiency-related improvement. The legislature may |
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define "energy efficiency-related improvement" for purposes of |
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this section and may prescribe additional eligibility requirements |
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for the exemption provided by this section. |
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SECTION 2. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 4, 2025. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment to authorize the |
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legislature to provide for an exemption from ad valorem taxation of |
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the amount of the market value of residential real property that |
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arises from the installation in the property of certain energy |
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efficiency-related improvements." |