Important Bills for Homeowners in the November 7th, 2017 Election

taxbill2

November 7, 2017 Constitutional Amendment Election Ballot Language

Please visit the Texas Legislature Online home page to obtain further information.

STATE OF TEXAS PROPOSITION NUMBER 1 (HJR 21)

“The constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of part of the market value of the residence homestead of a partially disabled veteran or the surviving spouse of a partially disabled veteran if the residence homestead was donated to the disabled veteran by a charitable organization for less than the market value of the residence homestead and harmonizing certain related provisions of the Texas Constitution.”

STATE OF TEXAS PROPOSITION NUMBER 2 (SJR 60)

“The constitutional amendment to establish a lower amount for expenses that can be charged to a borrower and removing certain financing expense limitations for a home equity loan, establishing certain authorized lenders to make a home equity loan, changing certain options for the refinancing of home equity loans, changing the threshold for an advance of a home equity line of credit, and allowing home equity loans on agricultural

STATE OF TEXAS PROPOSITION NUMBER 6 (SJR 1)

“The constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the surviving spouse of a first responder who is killed or fatally injured in the line of duty.”

 

Leave a Reply

Your email address will not be published. Required fields are marked *