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A JOINT RESOLUTION
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proposing a constitutional amendment authorizing the governing |
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body of a political subdivision to adopt an exemption from ad |
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valorem taxation of a portion, expressed as a dollar amount, of the |
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market value of an individual's residence homestead. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1-b, Article VIII, Texas Constitution, |
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is amended by adding Subsection (e-1) to read as follows: |
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(e-1) The governing body of a political subdivision may |
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exempt from ad valorem taxation a portion, expressed as a dollar |
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amount, of the market value of the residence homestead of an |
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individual. The amount of the exemption may not be less than |
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$5,000. The legislature by general law may prohibit the governing |
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body of a political subdivision that adopts an exemption under this |
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subsection from reducing the amount of or repealing the exemption. |
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An individual is entitled to receive other applicable exemptions |
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provided by law. Where ad valorem tax has previously been pledged |
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for the payment of debt, a political subdivision may continue to |
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levy and collect the tax against the value of the homesteads |
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exempted under this subsection until the debt is discharged if the |
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cessation of the levy would impair the obligation of the contract by |
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which the debt was created. The legislature by general law may |
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prescribe procedures for the administration of this subsection. |
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SECTION 2. The following temporary provision is added to |
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the Texas Constitution: |
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TEMPORARY PROVISION. (a) This temporary provision applies |
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to the constitutional amendment proposed by the 89th Legislature, |
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Regular Session, 2025, authorizing the governing body of a |
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political subdivision to adopt an exemption from ad valorem |
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taxation of a portion, expressed as a dollar amount, of the market |
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value of an individual's residence homestead. |
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(b) Section 1-b(e-1), Article VIII, of this constitution, |
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as added by the amendment, takes effect beginning with the tax year |
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that begins January 1, 2026. |
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(c) This temporary provision expires January 1, 2027. |
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SECTION 3. 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 authorizing the |
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governing body of a political subdivision to adopt an exemption |
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from ad valorem taxation of a portion, expressed as a dollar amount, |
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of the market value of an individual's residence homestead." |