Texas Constitution Art. 8 sec. 1-g – Development or Redevelopment of Property; Ad Valorem Tax Relief and Issuance of Bonds and Notes
Current as of: 2024 |
Terms Used In Texas Constitution Art. 8 sec. 1-g
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
(a) The legislature by general law may authorize cities, towns, and other taxing units to grant exemptions or other relief from ad valorem taxes on property located in a reinvestment zone for the purpose of encouraging development or redevelopment and improvement of the property.
As of the date this document was last updated, February 1, 2024, the governor has not made a proclamation under Section 1(c), Article XVII, Texas Constitution, relating to the votes cast in favor of the amendment proposed by H.J.R. 99, Acts of the 87th Legislature, Regular Session, 2021.
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