FISCAL NOTE, 85TH LEGISLATURE 1st CALLED SESSION - 2017
July 24, 2017
TO:
Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HJR20 by Bohac (Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of a Purple Heart recipient or the surviving spouse of a Purple Heart recipient.), As Introduced
The resolution alone would have no fiscal implication to the State, other than the cost of publication. Any additional fiscal implication would be attributable to the corresponding enabling legislation.
The cost to the State for publication of the resolution is $114,369.
The resolution would propose an amendment adding new Subsections (q), (r) and (s) to Section 1-b, Article VIII, of the Texas Constitution, regarding property tax laws, to permit the Legislature to exempt all or part of the market value of the residence homestead of a Purple Heart recipient. The Legislature would be permitted to make appropriate definitions and eligibility requirements and to provide that a surviving spouse of a recipient receive an exemption of the same portion of the market value of the exempted property if: 1. the surviving spouse has not remarried; 2. the property was the residence homestead of the surviving spouse when the Purple Heart recipient died; and 3. the property remains the residence homestead of the surviving spouse.
The Legislature would be permitted to provide for a surviving spouse to receive the exemption in the same dollar amount on a subsequent residence homestead if the surviving spouse has not remarried.
Adoption of the proposed constitutional amendment alone would have no fiscal impact on the state or units of local government. Any fiscal impact would depend on the corresponding enabling legislation (HB 72).
The cost to the state for publication of the resolution is $114,369.
The proposed amendment would be submitted to voters at an election to be held November 7, 2017.
Local Government Impact
The proposed constitutional amendment alone would have no fiscal implication to units of local government. Any fiscal implication would be attributable to the corresponding enabling legislation.