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A JOINT RESOLUTION
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proposing a constitutional amendment requiring the periodic review |
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of state and local tax preferences and the expiration of those tax |
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preferences. |
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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 27 to read as follows: |
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Sec. 27. (a) The legislature by general law shall: |
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(1) require the periodic review of state and local tax |
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preferences; |
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(2) define the term "tax preference" for the purposes |
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of this section; and |
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(3) prescribe the methods, timing, and administrative |
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procedures for implementing the requirements of this subsection. |
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(b) A tax preference expires six years after the date the |
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law enacting the tax preference takes effect, except that the |
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legislature may provide for an earlier or later expiration date. |
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(c) For purposes of Subsection (b) of this section, a tax |
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preference enacted by a law that took effect before January 1, 2022, |
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is considered to be enacted on January 1, 2022. |
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SECTION 2. The following temporary provision is added to |
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the Texas Constitution: |
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TEMPORARY PROVISION. (a) This temporary provision applies |
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to the constitutional amendment proposed by the 87th Legislature, |
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Regular Session, 2021, requiring the legislature to provide for a |
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periodic review of state and local tax preferences and providing |
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for the expiration of those tax preferences six years after the |
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effective dates of the laws enacting the preferences or at another |
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time prescribed by the legislature. |
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(b) Section 27, Article VIII, of this constitution, as added |
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by the amendment, takes effect January 1, 2022. |
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(c) This temporary provision expires January 2, 2022. |
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SECTION 3. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 2, 2021. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment requiring the |
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legislature to provide for a periodic review of state and local tax |
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preferences and providing for the expiration of those tax |
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preferences after six years or at another time prescribed by the |
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legislature." |