By Cain                                               S.J.R. No. 36
         76R5551 SMH-D                           
                                 A JOINT RESOLUTION
 1-1     proposing a constitutional amendment to authorize an exemption or
 1-2     other relief from ad valorem taxation for commercial tangible
 1-3     personal property if the property is voluntarily rendered for
 1-4     taxation.
 1-5           BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-6           SECTION 1.  Section 1, Article VIII, Texas Constitution, is
 1-7     amended by adding Subsection (j) to read as follows:
 1-8           (j)  The Legislature may exempt from ad valorem taxation all
 1-9     or part of the market value of tangible personal property held or
1-10     used for the production of income or provide other tax relief if
1-11     the property is voluntarily rendered for taxation.
1-12           SECTION 2.  This proposed constitutional amendment shall be
1-13     submitted to the voters at an election to be held November 2, 1999.
1-14     The ballot shall be printed to permit voting for or against the
1-15     proposition: "The constitutional amendment to authorize ad valorem
1-16     tax incentives to encourage the voluntary rendition of commercial
1-17     tangible personal property for taxation."