SJR30 - Proposing a constitutional amendment authorizing the governing body of a political subdivision to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the market value of an individual's residence homestead.

  89R4376 CS-D     By: Eckhardt, Gutierrez S.J.R. No. 30       A JOINT RESOLUTION   proposing a constitutional amendment authorizing the governing   body of a political subdivision to adopt an exemption from ad   valorem taxation of a portion, expressed as a dollar amount, of the   market value of an individual's residence homestead.          BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 1-b, Article VIII, Texas Constitution,   is amended by adding Subsection (e-1) to read as follows:           (e-1)     The governing body of a political subdivision may   exempt from ad valorem taxation a portion, expressed as a dollar   amount, of the market value of the residence homestead of an   individual. The amount of the exemption may not be less than   $5,000. The legislature by general law may prohibit the governing   body of a political subdivision that adopts an exemption under this   subsection from reducing the amount of or repealing the exemption.   An individual is entitled to receive other applicable exemptions   provided by law. Where ad valorem tax has previously been pledged   for the payment of debt, a political subdivision may continue to   levy and collect the tax against the value of the 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 by general law may   prescribe procedures for the administration of this subsection.          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 the 89th Legislature,   Regular Session, 2025, authorizing the governing body of a   political subdivision to adopt an exemption from ad valorem   taxation of a portion, expressed as a dollar amount, of the market   value of an individual's residence homestead.           (b)     Section 1-b(e-1), Article VIII, of this constitution,   as added by the amendment, takes effect beginning with the tax year   that begins January 1, 2026.           (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 authorizing the   governing body of a political subdivision to adopt an exemption   from ad valorem taxation of a portion, expressed as a dollar amount,   of the market value of an individual's residence homestead."