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79S30386 JD-D

By:  Bohac                                                      H.J.R. No. 13 



A JOINT RESOLUTION

proposing a constitutional amendment authorizing the legislature 
to establish for purposes of ad valorem taxation by a school 
district a limit on the annual increase in the appraised value of 
residence homesteads of five percent or more, and to permit other 
political subdivisions to adopt a five percent limit on those 
appraisal increases.
	BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:                       
	SECTION 1.  Section 1, Article VIII, Texas Constitution, is 
amended by amending Subsection (i) and adding Subsection (i-1) to 
read as follows:
	(i)  Notwithstanding Subsections (a) and (b) of this 
section, the Legislature by general law may limit the maximum 
average annual percentage increase in the appraised value of 
residence homesteads for purposes of ad valorem taxation by a 
school district other than a junior college district [tax purposes] 
to five percent, or a greater percentage, and for purposes of ad 
valorem taxation by other political subdivisions to 10 percent, or 
a greater percentage, for each year since the most recent tax 
appraisal.  A limitation on appraisal increases authorized by this 
subsection:
		(1)  takes effect as to a residence homestead on the 
later of the effective date of the law imposing the limitation or 
January 1 of the tax year following the first tax year the owner 
qualifies the property for an exemption under Section 1-b of this 
article; and
		(2)  expires on January 1 of the first tax year that 
neither the owner of the property when the limitation took effect 
nor the owner's spouse or surviving spouse qualifies for an 
exemption under Section 1-b of this article.
	(i-1)  Notwithstanding Subsections (a), (b), and (i) of this 
section, the Legislature by general law may authorize the governing 
body of a political subdivision other than a school district but 
including a junior college district to establish for purposes of ad 
valorem taxation by the political subdivision a five percent limit 
on the maximum average annual percentage increase in the appraised 
value of residence homesteads in the political subdivision.  A 
limitation on residence homestead appraisal increases established 
under this subsection takes effect and expires in the manner 
provided by Subsection (i) of this section.  If the governing body 
of a political subdivision establishes a limit on appraisal 
increases under this subsection, the limitation remains in effect 
until repealed or rescinded by the governing body of the political 
subdivision.
	SECTION 2.  This proposed constitutional amendment shall be 
submitted to the voters at an election to be held November 7, 2006.  
The ballot shall be printed to permit voting for or against the 
proposition:  "The constitutional amendment authorizing the 
legislature to establish for purposes of ad valorem taxation by a 
school district a limit on the annual increase in the appraised 
value of residence homesteads of five percent or more, and to permit 
other political subdivisions to adopt a five percent limit on those 
appraisal increases."