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A BILL TO BE ENTITLED
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AN ACT
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relating to the abolition of all political subdivision ad valorem |
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taxes. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. (a) The legislature finds that: |
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(1) ad valorem taxes are an inequitable source of |
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revenue to fund political subdivisions of this state; |
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(2) ad valorem taxes increase annually without regard |
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to the property owner's ability to pay; and |
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(3) ad valorem taxes are perpetual and detrimental to |
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private property rights as secured by the Texas Constitution. |
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(b) It is the intent of the legislature to abolish political |
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subdivision ad valorem taxes and to create a more equitable means of |
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funding political subdivisions of this state. |
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SECTION 2. Title 1, and Subtitle B, Title 3, Tax Code, are |
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repealed. |
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SECTION 3. (a) Except as provided by Subsection (b) of this |
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section, this Act takes effect September 1, 2009. |
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(b) Section 2 of this Act takes effect January 1, 2014, but |
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only if the constitutional amendment proposed by the 81st |
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Legislature, Regular Session, 2009, to abolish all political |
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subdivision ad valorem taxes beginning on January 1, 2014, in order |
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that the legislature may enact a fairer system of fully funding |
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political subdivisions of this state is approved by the voters. If |
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that amendment is not approved by the voters, Section 2 of this Act |
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has no effect. |