HJR 209

Proposing a constitutional amendment to authorize the legislature to provide for a one-time credit against the ad valorem taxes imposed by a political subdivision on the first property that a person purchases and qualifies as the person's residence homestead and to provide for the reimbursement of political subdivisions for the revenue loss incurred as a result of the credit.

Principle Criteria

Free Enterprise

Property Rights

Personal Responsibility

Limited Government

Individual Liberty

Digest

HJR 209 proposes a constitutional amendment authorizing a one-time ad valorem tax credit for first-time homebuyers who establish their residence homestead. The credit would be calculated based on the taxes imposed by local political subdivisions, and the state may reimburse those subdivisions for the lost revenue.

Author (1)

Salman Bhojani

Contact the Author

Rep. Salman Bhojani

Capitol Phone:

(512) 463-0522

Capitol Office:

EXT E2.906

E-Mail:

[email protected]

Visit Official Website