Caption Text: | Proposing a constitutional amendment authorizing the legislature to provide for a local option election in the Metropolitan Transit Authority of Harris County to set a limitation of not less than three percent on the maximum average annual increase in the appraised value of residence homesteads for purposes of ad valorem taxation by each county, municipality, and junior college district in the territory of the transit authority and to require the redistribution of a portion of the sales and use tax revenue of the transit authority to those political subdivisions. |