85(R) - 2017
Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation a portion of the assessed value of certain real property used to provide housing to certain individuals with disabilities.
From the LBB: The resolution alone would have no fiscal implication to the
State, other than the cost of publication. Any additional fiscal implication
would be attributable to the corresponding enabling legislation.
The cost to the State for publication of the resolution is
This resolution proposes a constitutional amendment that would allow individuals with disabilities to have a portion of their property value be exempted from ad valorem taxation.
Vote Recommendation Notes
Specialized tax exemptions designed to benefit one preferred class of people to the exclusion of others is a violation of limited government. Such exemptions, each of which may only benefit a small number of people, have the cumulative effect of diminishing the tax base, making it more difficult to achieve fair taxes for everyone and places the tax burden on an ever-shrinking number of people. We support a tax system that is low rate, broad based, and treats everyone equally. For this infringement on individual liberty, we oppose this legislation.