TITLE: Proposing a constitutional amendment authorizing the governing body of a county or municipality to adopt a local option exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the market value of real property of a business that provides, or pays for the provision of, certain services for honorably discharged veterans without cost.

SUMMARY: Proposing a constitutional amendment authorizing the governing body of a county or municipality to adopt a local option exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the market value of real property of a business that provides, or pays for the provision of, certain services for honorably discharged veterans without cost.

FULL TEXT:
86(R) HJR 70-Introduced version-Bill Text 86R2297 CJC-F By: Lambert H.J.R. No. 70 A JOINT RESOLUTION proposing a constitutional amendment authorizing the governing body of a county or municipality to adopt a local option exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the market value of real property of a business that provides, or pays for the provision of, certain services for honorably discharged veterans without cost. BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Article VIII, Texas Constitution, is amended by adding Section 1-u to read as follows: Sec. 1-u. The governing body of a county or municipality may exempt from ad valorem taxation a portion, expressed as a dollar amount as prescribed by the legislature by general law, of the market value of real property that a person owns and uses to operate a business that provides, or pays for the provision of, housing, substance abuse treatment, residential treatment services, case management services, or mental health counseling for one or more honorably discharged veterans of the armed services of the United States without cost. The legislature by general law may provide additional eligibility requirements for the exemption. SECTION 2. This proposed constitutional amendment shall be submitted to the voters at an election to be held November 5, 2019. The ballot shall be printed to permit voting for or against the proposition: "The constitutional amendment authorizing the governing body of a county or municipality to adopt a local option exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the market value of real property of a business that provides, or pays for the provision of, housing, substance abuse treatment, residential treatment services, case management services, or mental health counseling for honorably discharged veterans without cost."