| PROPOSITION 1 (SJR-13) SJR 13 would amend the Constitution to authorize the legislature to adjust the public school ad valorem tax or tax rates for taxpayers who are aged 65 or older, or are disabled, and who are owners of an exempted homestead. The amendment would thereby allow the legislature to provide tax relief to such elderly or disabled taxpayers who did not receive tax relief as a result of the school tax rate reduction passed in the 79th Legislature, 3rd called session. The proposed amendment will appear on the ballot as follows: "The constitutional amendment authorizing the legislature to provide for a reduction of the limitation on the total amount of ad valorem taxes that may be imposed for public school purposes on the residence homesteads of the elderly or disabled to reflect any reduction in the rate of those taxes for the 2006 and 2007 tax years." |
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