By Shields H.J.R. No. 84 75R58 JD-D A JOINT RESOLUTION 1-1 proposing a constitutional amendment relating to the appraisal of 1-2 real property for ad valorem taxation. 1-3 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section 1, Article VIII, Texas Constitution, is 1-5 amended by adding Subsections (i) and (j) to read as follows: 1-6 (i) Notwithstanding Subsections (a) and (b) of this section, 1-7 the maximum annual increase that may be recognized in the appraised 1-8 value of real property for ad valorem taxation is the sum of: 1-9 (1) three percent of the appraised value of the 1-10 property for taxation for the preceding year; and 1-11 (2) the market value of all new improvements to the 1-12 property. 1-13 (j) In Subsection (i) of this section, "new improvement" 1-14 means an improvement to real property that is made after the 1-15 appraisal of the property for the preceding year and that increases 1-16 the market value of the property. The term does not include 1-17 ordinary maintenance of an existing structure or the grounds or 1-18 another feature of the property. 1-19 SECTION 2. This proposed constitutional amendment shall be 1-20 submitted to the voters at an election to be held November 4, 1997. 1-21 The ballot shall be printed to permit voting for or against the 1-22 proposition: "The constitutional amendment to limit increases in 1-23 the appraised value of real property for ad valorem tax purposes."