|
|
|
A JOINT RESOLUTION
|
|
proposing a constitutional amendment requiring the periodic review |
|
of state and local tax preferences and the expiration of certain tax |
|
preferences if not reauthorized by law. |
|
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Article VIII, Texas Constitution, is amended by |
|
adding Section 27 to read as follows: |
|
Sec. 27. (a) The legislature by general law shall: |
|
(1) require the periodic review of state and local tax |
|
preferences; |
|
(2) define the term "tax preference" for the purposes |
|
of this section; and |
|
(3) prescribe the methods, timing, and administrative |
|
procedures for implementing the requirements of this subsection. |
|
(b) Unless reauthorized by law, a tax preference that first |
|
takes effect on or after September 1, 2016, or a tax preference that |
|
takes effect before September 1, 2016, that is reauthorized by law |
|
on or after that date, expires six years after the date the law |
|
enacting or reauthorizing the tax preference takes effect, except |
|
that the legislature may provide for an earlier expiration date. |
|
SECTION 2. The following temporary provision is added to |
|
the Texas Constitution: |
|
TEMPORARY PROVISION. (a) This temporary provision applies |
|
to the constitutional amendment proposed by the 84th Legislature, |
|
Regular Session, 2015, requiring the legislature to provide for a |
|
periodic review of state and local tax preferences and providing |
|
for the expiration of certain tax preferences six years after the |
|
effective dates of the laws enacting or reauthorizing the |
|
preferences, or at another time prescribed by the legislature, |
|
unless reauthorized by law. |
|
(b) Section 27, Article VIII, of this constitution, as added |
|
by the amendment, takes effect January 1, 2016. |
|
(c) This temporary provision expires January 2, 2016. |
|
SECTION 3. This proposed constitutional amendment shall be |
|
submitted to the voters at an election to be held November 3, 2015. |
|
The ballot shall be printed to permit voting for or against the |
|
proposition: "The constitutional amendment requiring the |
|
legislature to provide for a periodic review of state and local tax |
|
preferences and providing for the expiration of certain tax |
|
preferences six years after the effective dates of the laws |
|
enacting or reauthorizing the preferences, or at another time |
|
prescribed by the legislature, unless reauthorized by law." |