74R11492 E
          By Harris                                            H.J.R. No. 106
          Substitute the following for H.J.R. No. 106:
          By Craddick                                      C.S.H.J.R. No. 106
                                   A JOINT RESOLUTION
    1-1  proposing a constitutional amendment to extinguish a taxpayer's
    1-2  liability for delinquent ad valorem taxes following a tax sale.
    1-3        BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Section 15, Article VIII, Texas Constitution, is
    1-5  amended to read as follows:
    1-6        Sec. 15.  The annual assessment made upon landed property
    1-7  shall be a special lien thereon; and all property, both real and
    1-8  personal, belonging to any delinquent taxpayer shall be liable to
    1-9  seizure and sale for the payment of all the taxes and penalties due
   1-10  by such delinquent; and such property may be sold for the payment
   1-11  of the taxes and penalties due by such delinquent, under such
   1-12  regulations as the Legislature may provide.  If the property is
   1-13  sold at a tax sale, the taxpayer's liability for the taxes and
   1-14  penalties owed the taxing units that are parties to the judgment of
   1-15  foreclosure is extinguished regardless of whether the sale proceeds
   1-16  are sufficient to satisfy the judgment.  The Legislature may
   1-17  establish limitations on avoidance of a tax sale and may provide
   1-18  that a purchaser may conclusively rely upon the validity of the tax
   1-19  sale to foreclose all interests in the property, subject to the
   1-20  right of redemption as provided by applicable law.
   1-21        SECTION 2.  This proposed constitutional amendment shall be
   1-22  submitted to the voters at an election to be held November 7, 1995.
   1-23  The ballot shall be printed to permit voting for or against the
   1-24  proposition:  "The constitutional amendment to extinguish a
    2-1  taxpayer's liability for delinquent ad valorem taxes following a
    2-2  tax sale."