HBA-JRA H.J.R. 39 76(R) BILL ANALYSIS Office of House Bill AnalysisH.J.R. 39 By: Craddick Ways & Means 3/18/1999 Introduced BACKGROUND AND PURPOSE Currently, certain property is subject to ad valorem taxation in this state. As proposed, H.J.R. 39 requires the submission to the voters of a constitutional amendment exempting all personal property in this state from ad valorem taxation, with certain exceptions. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 1, Article VIII, Texas Constitution, to exempt all personal property in this state from ad valorem taxation, except for personal property pledged for the payment of a debt before November 2, 1999. Authorizes the ad valorem tax on such property to be collected if cessation of the levy and collection of the tax would impair the obligation of the contract by which the debt was created. Provides that this exception applies to personal property that was taxable under the law in effect on January 1, 1999, but that became exempt on January 1, 2000, as a result of the amendment of this section. Deletes existing Subsections (d)-(e) and (g). Redesignates existing Subsections (f) and (h)-(i) to Subsections (d) and (e)-(f), respectively. Makes conforming changes. SECTION 2. Amends Section 1-l, Article VIII, Texas Constitution, to make conforming changes. SECTION 3. Amends Section 5, Article VIII, Texas Constitution, to make a conforming change. SECTION 4. Amends Section 8, Article VIII, Texas Constitution, to make conforming changes. SECTION 5. Amends Article VIII, Texas Constitution, by adding a temporary provision making this constitutional amendment effective January 1, 2000, and establishing an expiration date of January 1, 2002, for this temporary provision. SECTION 6. Repealer: Sections 1-i (Mobile Marine Drilling Equipment; Ad Valorem Tax Relief), 1-j (Certain Tangible Personal Property Exempt from Ad Valorem Taxation), 19 (Farm Products, Livestock, Poultry, and Family Supplies; Exemption), and 19a (Implements of Husbandry; Exemption), Article VIII, Texas Constitution. SECTION 7. Requires this proposed constitutional amendment to be submitted to the voters at an election to be held November 2, 1999. Sets forth the required language of the ballot.