Floor Packet Page No. 45 Amend CSHJR 4 by striking all below the resolving clause and substituting: SECTION 1. Section 1, Article VIII, Texas Constitution, is amended by adding Subsections (i), (j), (k), and (l) to read as follows: (i) A political subdivision of this state may not impose an ad valorem tax on real or personal property in this state for any purpose for any tax year beginning on or after January 1, 1998. (j) The state takes full responsibility for the guarantee of the repayment of all bonds issued by a county, municipality, school district, or other political subdivision and secured by the revenue from the property taxes imposed by those entities before January 1, 1998. The legislature shall pass laws for the implementation of this subsection. (k) The state may not impose a sales and use tax for state purposes on any property or service that exceeds a rate of nine percent of the sales price or value of the property or service. The maximum state and local sales and use tax rate is 11 percent of the sales price or value of the property or service. (l) The state may not impose a franchise tax or other tax for the privilege of doing business in this state. SECTION 2. This proposed constitutional amendment shall be submitted to the voters at an election to be held November 4, 1997. The ballot shall be printed to permit voting for or against the proposition: "The constitutional amendment to abolish property and franchise taxes and limit the rate of the sales and use tax."