By Jackson, Culberson H.J.R. No. 75
74R1734 SMH-D
A JOINT RESOLUTION
1-1 proposing a constitutional amendment to authorize the voters of a
1-2 school district to adopt or determine the amount of a residence
1-3 homestead exemption from ad valorem taxation by the district.
1-4 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 1-b(e), Article VIII, Texas Constitution,
1-6 is amended to read as follows:
1-7 (e) The governing body of a political subdivision<, other
1-8 than a county education district,> may exempt from ad valorem
1-9 taxation a percentage of the market value of the residence
1-10 homestead of a married or unmarried adult, including one living
1-11 alone. In the manner provided by law, the voters of a school
1-12 <county education> district at an election held for that purpose
1-13 may exempt from ad valorem taxation a percentage of the market
1-14 value of the residence homestead of a married or unmarried adult,
1-15 including one living alone, if the governing body of the district
1-16 has not adopted an exemption under this subsection, or may increase
1-17 or decrease the amount of an exemption under this subsection
1-18 adopted by the governing body or by the voters. The governing body
1-19 of a school district may not increase or decrease the amount of an
1-20 exemption under this subsection adopted by the voters of the
1-21 district. The percentage may not exceed twenty percent. However,
1-22 the amount of an exemption authorized pursuant to this subsection
1-23 may not be less than Five Thousand Dollars ($5,000) unless the
1-24 legislature by general law prescribes other monetary restrictions
2-1 on the amount of the exemption. An eligible adult is entitled to
2-2 receive other applicable exemptions provided by law. Where ad
2-3 valorem tax has previously been pledged for the payment of debt,
2-4 the governing body of a political subdivision may continue to levy
2-5 and collect the tax against the value of the homesteads exempted
2-6 under this subsection until the debt is discharged if the cessation
2-7 of the levy would impair the obligation of the contract by which
2-8 the debt was created. The legislature by general law may prescribe
2-9 procedures for the administration of residence homestead
2-10 exemptions.
2-11 SECTION 2. This proposed constitutional amendment shall be
2-12 submitted to the voters at an election to be held November 7, 1995.
2-13 The ballot shall be printed to permit voting for or against the
2-14 proposition: "The constitutional amendment to authorize the voters
2-15 of a school district to adopt or determine the amount of a
2-16 residence homestead exemption from ad valorem taxation by the
2-17 district."