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A JOINT RESOLUTION
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proposing a constitutional amendment to authorize the legislature |
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to provide for an exemption from ad valorem taxation of the amount |
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of the market value of real property that arises from the |
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installation in the property of certain energy efficiency-related |
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improvements. |
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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-m-1 to read as follows: |
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Sec. 1-m-1. The legislature by general law may exempt from |
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ad valorem taxation the portion of the market value of real property |
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that arises from the installation in the property of an energy |
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efficiency-related improvement. The legislature may define |
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"energy efficiency-related improvement" for purposes of this |
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section and may prescribe additional eligibility requirements for |
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the exemption provided by this 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 7, 2023. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment to authorize the |
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legislature to provide for an exemption from ad valorem taxation of |
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the amount of the market value of real property that arises from the |
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installation in the property of certain energy efficiency-related |
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improvements." |