By: Hilderbran H.J.R. No. 143
 
 
 
A JOINT RESOLUTION
 
  proposing a constitutional amendment abolishing ad valorem taxes
  and limiting the rate and applicability of state and local sales and
  use taxes.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1, Article VIII, Texas Constitution, is
  amended by adding Subsections (k), (l), and (m) to read as follows:
         (k)  A political subdivision of this state may not impose an
  ad valorem tax on real or personal property in this state for any
  purpose for any tax year beginning on or after January 1, 2016.
         (l)  The state takes full responsibility for the guarantee of
  the repayment of all bonds issued by a county, municipality, school
  district, or other political subdivision and secured by the revenue
  from the ad valorem taxes imposed by those entities before January
  1, 2016. The legislature shall enact laws for the implementation of
  this subsection.
         (m)  The state may not impose a sales and use tax for state
  purposes on any property or service that exceeds a rate of 11
  percent of the sales price or value of the property or service, or
  that applies to the sale or use of food or medicine that was not
  subject to a sales and use tax for state purposes on January 1,
  2013. The maximum combined state and local sales and use tax rate
  is 13 percent of the sales price or value of the property or
  service.
         SECTION 2.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 5, 2013.
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment to abolish ad valorem
  taxes and limit the rate and applicability of state and local sales
  and use taxes."