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A JOINT RESOLUTION
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proposing a constitutional amendment authorizing the legislature |
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to provide for a credit against ad valorem taxes imposed by a school |
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district on the property owned by a business entity that donates |
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money to the district to create or support career and technical |
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education programs or courses. |
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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-y to read as follows: |
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Sec. 1-y. The legislature by general law may provide for a |
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credit against the ad valorem taxes imposed by a school district on |
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the property owned by a business entity that donates money to the |
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district to create or support career and technical education |
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programs or courses. The legislature may provide eligibility |
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requirements for a credit authorized by this section and formulas |
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for computing the amount of the credit that a business entity may |
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receive 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 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 provide for a credit against ad valorem taxes |
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imposed by a school district on the property owned by a business |
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entity that donates money to the district to create or support |
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career and technical education programs or courses." |