By: Capriglione H.J.R. No. 95
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment relating to the authorization
  to exempt from ad valorem taxation precious metals.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Article VIII, Texas Constitution, is amended by
  adding Section 1-p to read as follows:
         Sec. 1-p.  The legislature by general law may exempt from ad
  valorem taxation precious metals held in a depository in this
  state.
         
         SECTION 2.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November XX, 2019.
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment authorizing the
  legislature by general law to exempt from ad valorem taxation
  bullion, specie or precious metals held in a depository in this
  state."