Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HJR83 by Raymond (Proposing a constitutional amendment to authorize the legislature to exclude from the market value of real property for ad valorem tax purposes the value of any improvement, or any feature incorporated in an improvement, made to the property if the primary purpose of the improvement or feature is compliance with the requirements of standards that address accessible design of buildings or other facilities.), As Introduced
No fiscal implication to the State is anticipated, other than the cost of publication.
The cost to the state for publication of the resolution is $191,689.
The resolution would propose an amendment to Section 1, Article VIII of the Texas Constitution, to authorize the Legislature by general law to exclude from market value of real property the value of any improvement, or any feature incorporated in an improvement, made to the property if the primary purpose of the improvement or feature is to comply with the requirements of the 2010 Americans with Disabilities Act Standard for Accessible Design or any successor standards that address accessible design of buildings or other facilities.
Adoption of the proposed constitutional amendment alone would have no fiscal impact on the state or units of local government. Any fiscal impact would depend on the corresponding enabling legislation (HB 1547).
Local Government Impact
No fiscal implication to units of local government is anticipated.