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A JOINT RESOLUTION
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proposing a constitutional amendment authorizing the legislature |
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to exempt from ad valorem taxation a portion of the assessed value |
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of certain real property used to provide housing to certain |
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individuals with disabilities. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Article VIII, Texas Constitution, is amended by |
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adding Section 1-p to read as follows: |
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Sec. 1-p. The legislature by general law may exempt from ad |
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valorem taxation a portion of the assessed value of property used to |
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provide housing to individuals with disabilities in an amount equal |
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to the costs the owner of the property incurs to maintain, operate, |
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and make improvements to the property. The legislature may provide |
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eligibility requirements for the exemption authorized by this |
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section and may provide for the manner of determining the amount of |
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the exemption to which a property owner is entitled in a tax year. |
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SECTION 2. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 7, 2017. |
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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 the |
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legislature to exempt from ad valorem taxation a portion of the |
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assessed value of certain real property used to provide housing to |
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certain individuals with disabilities." |