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proposing a constitutional amendment to authorize the legislature |
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to provide for a temporary exemption from ad valorem taxation of the |
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appraised value of an improvement to a residence homestead that is |
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completely destroyed by a fire. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1-b, Article VIII, Texas Constitution, |
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is amended by adding Subsection (z) to read as follows: |
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(z) The legislature by general law may provide for a |
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temporary exemption from ad valorem taxation of the appraised value |
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of an improvement to a person's residence homestead that is |
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completely destroyed by a fire. The legislature by general law may |
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prescribe the duration of the exemption and may provide additional |
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eligibility requirements for the exemption. |
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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 4, 2025. |
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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 a temporary exemption from ad valorem |
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taxation of the appraised value of an improvement to a residence |
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homestead that is completely destroyed by a fire." |