By: Capriglione (Senate Sponsor - Fallon) H.J.R. No. 95
         (In the Senate - Received from the House May 1, 2019;
  May 3, 2019, read first time and referred to Committee on Property
  Tax; May 17, 2019, reported favorably by the following vote:  
  Yeas 5, Nays 0; May 17, 2019, sent to printer.)
Click here to see the committee vote
 
 
HOUSE JOINT RESOLUTION
 
 
  proposing a constitutional amendment authorizing the legislature
  to exempt from ad valorem taxation precious metal held in a precious
  metal depository located in this state.
         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 metal held in a precious metal depository
  located in this state.  The legislature by general law may define
  "precious metal" and "precious metal depository" for purposes of
  this section.
         SECTION 2.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 5, 2019.
  The ballot shall be printed to provide for voting for or against the
  proposition: "The constitutional amendment authorizing the
  legislature to exempt from ad valorem taxation precious metal held
  in a precious metal depository located in this state."
 
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