| S.J.R. No. 2 | ||
| proposing a constitutional amendment to increase the amount of the | ||
| exemption of residence homesteads from ad valorem taxation by a | ||
| school district. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 1-b(c), Article VIII, Texas | ||
| Constitution, is amended to read as follows: | ||
| (c) The amount of $140,000 [ |
||
| the residence homestead of a married or unmarried adult, including | ||
| one living alone, is exempt from ad valorem taxation for general | ||
| elementary and secondary public school purposes. The legislature | ||
| by general law may provide that all or part of the exemption does | ||
| not apply to a district or political subdivision that imposes ad | ||
| valorem taxes for public education purposes but is not the | ||
| principal school district providing general elementary and | ||
| secondary public education throughout its territory. In addition | ||
| to this exemption, the legislature by general law may exempt an | ||
| amount not to exceed $10,000 of the market value of the residence | ||
| homestead of a person who is disabled as defined in Subsection (b) | ||
| of this section and of a person 65 years of age or older from ad | ||
| valorem taxation for general elementary and secondary public school | ||
| purposes. The legislature by general law may base the amount of and | ||
| condition eligibility for the additional exemption authorized by | ||
| this subsection for disabled persons and for persons 65 years of age | ||
| or older on economic need. An eligible disabled person who is 65 | ||
| years of age or older may not receive both exemptions from a school | ||
| district but may choose either. An eligible person is entitled to | ||
| receive both the exemption required by this subsection for all | ||
| residence homesteads and any exemption adopted pursuant to | ||
| Subsection (b) of this section, but the legislature shall provide | ||
| by general law whether an eligible disabled or elderly person may | ||
| receive both the additional exemption for the elderly and disabled | ||
| authorized by this subsection and any exemption for the elderly or | ||
| disabled adopted pursuant to Subsection (b) of this section. Where | ||
| ad valorem tax has previously been pledged for the payment of debt, | ||
| the taxing officers of a school district may continue to levy and | ||
| collect the tax against the value of homesteads exempted under this | ||
| subsection until the debt is discharged if the cessation of the levy | ||
| would impair the obligation of the contract by which the debt was | ||
| created. The legislature shall provide for formulas to protect | ||
| school districts against all or part of the revenue loss incurred by | ||
| the implementation of this subsection, Subsection (d) of this | ||
| section, and Section 1-d-1 of this article. The legislature by | ||
| general law may define residence homestead for purposes of this | ||
| section. | ||
| SECTION 2. The following temporary provision is added to | ||
| the Texas Constitution: | ||
| TEMPORARY PROVISION. (a) This temporary provision applies | ||
| to the constitutional amendment proposed by S.J.R. 2, 89th | ||
| Legislature, Regular Session, 2025. | ||
| (b) The amendment to Section 1-b(c), Article VIII, of this | ||
| constitution takes effect for the tax year beginning January 1, | ||
| 2025. | ||
| (c) This temporary provision expires January 1, 2027. | ||
| SECTION 3. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held November 4, | ||
| 2025. The ballot shall be printed to permit voting for or against | ||
| the proposition: "The constitutional amendment to increase the | ||
| amount of the exemption of residence homesteads from ad valorem | ||
| taxation by a school district from $100,000 to $140,000." | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I hereby certify that S.J.R. No. 2 was adopted by the Senate | ||
| on February 13, 2025, by the following vote: Yeas 30, Nays 0. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| I hereby certify that S.J.R. No. 2 was adopted by the House | ||
| on May 20, 2025, by the following vote: Yeas 143, Nays 0, one | ||
| present not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| Received: | ||
| ______________________________ | ||
| Date | ||
| ______________________________ | ||
| Secretary of State | ||