79S20082 SMH-D



By:  Riddle                                                     H.J.R. No. 15 







A JOINT RESOLUTION



proposing a constitutional amendment authorizing the legislature 

to provide for a local option election in a county to set a limit of 

less than 10 percent but not less than three percent on the maximum 

average annual increase in the appraised value of residence 

homesteads for ad valorem tax purposes.

	BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:                       

	SECTION 1.  Section 1, Article VIII, Texas Constitution, is 

amended by adding Subsection (i-1) to read as follows:

	(i-1)  Notwithstanding Subsections (a), (b), and (i) of this 

section, the Legislature by general law may authorize the governing 

body of a county to call an election in the county to permit the 

voters to determine by majority vote whether to establish for 

purposes of ad valorem taxation by each political subdivision in 

the county a limit on the maximum average annual percentage 

increase in the appraised value of residence homesteads in the 

political subdivision of less than 10 percent but not less than 

three percent.  The ballot proposition shall specify the proposed 

percentage limitation on appraisal increases.  A limitation on 

appraisal increases established under this subsection takes effect 

and expires in the manner provided by Subsection (i) of this 

section.  If the voters of a county establish a limit on appraisal 

increases under this subsection, the limitation remains in effect 

until amended or repealed by the voters of the county at a 

subsequent election called by the governing body of the county.  The 

Legislature by general law may provide for the effect of the 

adoption of a limit on appraisal increases under this subsection on 

a political subdivision with boundaries extending outside the 

county.

	SECTION 2.  This proposed constitutional amendment shall be 

submitted to the voters at an election to be held November 8, 2005.  

The ballot shall be printed to permit voting for or against the 

proposition:  "The constitutional amendment authorizing the 

legislature to provide for a local option election in a county to 

set a limit of less than 10 percent but not less than three percent 

on the maximum average annual increase in the appraised value of 

residence homesteads for ad valorem tax purposes."