HJR 200

Proposing a constitutional amendment to authorize the legislature to provide for an exemption from ad valorem taxation by a school district of a portion of the market value of certain leased residential real properties, to establish and prescribe the permissible uses of the property tax relief to rental households fund, and to include payments from the property tax relief to rental households fund in the exception of certain appropriations to pay for ad valorem tax relief from the constitutional limitation on the rate of growth of appropriations.

Principle Criteria

Free Enterprise

Property Rights

Personal Responsibility

Limited Government

Individual Liberty

Digest

HJR 200 allows the Legislature to exempt from school district property taxes a portion of the market value of certain leased residential properties that are at least 15 years old. It also creates a Property Tax Relief to Rental Households Fund, which will receive state appropriations and provide direct property tax relief payments to renters. The measure would appropriate $3.8 billion from the state’s general revenue fund in 2026 for this purpose.

Author (1)

John Bryant

Contact the Author

Rep. John Bryant

Capitol Phone:

(512) 463-0576

Capitol Office:

CAP 4S.3

E-Mail:

[email protected]

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