HJR202Introduced in the House
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation of the total market value of real property on which the ad valorem taxes have been prepaid and to establish the prepaid property tax trust fund to provide annual distributions to political subdivisions affected by the exemption.
Introduced by Dade Phelan, District 21
What does this bill do?
Plain-English breakdown
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Official description
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation of the total market value of real property on which the ad valorem taxes have been prepaid and to establish the prepaid property tax trust fund to provide annual distributions to political subdivisions affected by the exemption.
Where it stands
Referred to Ways & Means
April 7, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
Filed
Read first time
Referred to Ways & Means
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