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A JOINT RESOLUTION
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proposing a constitutional amendment authorizing a local option |
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exemption from ad valorem taxation by a county of a portion of the |
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value of the residence homestead of a veteran of the United States |
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armed services who has been honorably discharged. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1-b, Article VIII, Texas Constitution, |
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is amended by adding Subsection (p) to read as follows: |
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(p) The commissioners court of a county by official action |
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may provide that a veteran of the United States armed services who |
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has been honorably discharged is entitled to an exemption from ad |
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valorem taxation by the county of $10,000, or a greater amount as |
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provided by this subsection, of the assessed value of the veteran's |
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residence homestead. In a tax year, the commissioners court may |
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increase the amount of the exemption provided by this subsection |
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from the amount of the exemption in the county for the preceding tax |
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year by an amount equal to $5,000, provided that the total amount of |
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the exemption may not exceed $75,000. Once the amount of the |
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exemption is increased, the commissioners court may not reduce the |
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amount of the exemption in future years. If a veteran who is |
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eligible to receive an exemption under this subsection is also |
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eligible to receive an exemption from taxation by a county |
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authorized by Subsection (b) of this section, the veteran may not |
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receive both exemptions but is entitled to receive the exemption in |
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the greater amount. |
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SECTION 2. The following temporary provision is added to |
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the Texas Constitution: |
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TEMPORARY PROVISION. (a) This temporary provision applies |
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to the constitutional amendment proposed by the 84th Legislature, |
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Regular Session, 2015, authorizing a local option exemption from ad |
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valorem taxation by a county of a portion of the value of the |
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residence homestead of a veteran of the United States armed |
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services who has been honorably discharged. |
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(b) The amendment to Section 1-b, Article VIII, of this |
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constitution takes effect beginning with the tax year that begins |
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January 1, 2016. |
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(c) This temporary provision expires January 1, 2017. |
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SECTION 3. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 3, 2015. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment authorizing a local |
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option exemption from ad valorem taxation by a county of a portion |
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of the value of the residence homestead of a veteran of the United |
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States armed services who has been honorably discharged." |