By Bailey H.J.R. No. 60 76R3805 GJH-D A JOINT RESOLUTION 1-1 proposing a constitutional amendment to authorize the legislature 1-2 to exempt from ad valorem taxation the property of a neighborhood 1-3 association. 1-4 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Article VIII, Texas Constitution, is amended by 1-6 adding Section 1-n to read as follows: 1-7 Sec. 1-n. (a) In this section, "neighborhood association" 1-8 means a nonprofit corporation, organization, partnership, 1-9 association, or other legal entity that is organized to preserve, 1-10 protect, improve, and monitor matters affecting a defined 1-11 residential area. The legislature may impose additional 1-12 requirements for qualification for an exemption under this section. 1-13 (b) The legislature by general law may exempt from ad 1-14 valorem taxation the property a neighborhood association owns and 1-15 uses exclusively for the purposes for which the association is 1-16 organized. 1-17 SECTION 2. This proposed constitutional amendment shall be 1-18 submitted to the voters at an election to be held November 2, 1999. 1-19 The ballot shall be printed to permit voting for or against the 1-20 proposition: "The constitutional amendment to authorize the 1-21 legislature to exempt from ad valorem taxation the property of a 1-22 neighborhood association."