SJR 8, 67th 1st C.S.
Proposition Prop. 1 - The constitutional amendment to authorize cities, towns, and other taxing units to encourage the improvement, development, or redevelopment of certain areas through property tax relief and the issuance of bonds and notes.
Outcome: Adopted
Election date: 11/03/1981
Votes for: 473,087
Votes against: 339,020
Enabling legislation
SB 16 (67 1st C.S.) Relating to the powers of cities or towns to designate certain areas as reinvestment zones and to issue tax increment bonds and provide tax increment financing for the development or redevelopment of blighted areas.
SB 17 (67 1st C.S.) Relating to the authority of cities and towns to encourage supervised improvements by property owners through property tax abatement incentives.
Articles affected
Article 8 :
Adds
§1-g
Analyses of proposed amendments:
House Research Organization Amendments Proposed for the November 3, 1981 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 3, 1981 election.
Effective dates
Unless otherwise specified, an amendment takes effect as part of the constitution on the date of the official canvass of election returns showing adoption of the amendment.
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