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Measure Details

Local Property Taxes

Texas Ballot Measure - Proposition 5

Election: General Nov. 1, 2007 (General)
Outcome: Passed

Categories:
Housing and Property
Constitution
Taxes

Yes
685,298
(66.0%)

Argument For

No
353,085
(34.0%)

Argument Against

Summary

SJR 44 would authorize the legislature to permit cities with a population of less than 10,000 to hold an election to allow the city to enter into an agreement with a property owner to temporarily freeze taxes on property either in or adjacent to an area approved for funding under the Downtown Revitalization Program or the Main Streets Improvements Program administered by the Department of Agriculture.

Measure Text

The constitutional amendment authorizing the legislature to permit the voters of a municipality having a population of less than 10,000 to authorize the governing body of the municipality to enter into an agreement with an owner of real property in or adjacent to an area in the municipality that has been approved for funding under certain programs administered by the Texas Department of Agriculture under which the parties agree that all ad valorem taxes imposed on the owner's property may not be increased for the first five tax years after the tax year in which the agreement is entered into.

Resources

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