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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 tangible personal property |
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consisting of food or food products held by the owner of the |
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property for sale at retail. |
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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-q to read as follows: |
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Sec. 1-q. (a) The legislature by general law may exempt |
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from ad valorem taxation tangible personal property consisting of |
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food or food products held by the owner of the property for sale at |
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retail. |
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(b) The legislature by general law may provide additional |
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eligibility requirements for the exemption authorized by this |
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section. |
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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 5, 2019. |
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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 tangible personal |
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property consisting of food or food products held by the owner of |
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the property for sale at retail." |