Posts published in November 2015

Texas will hold its biennial election on amendments to the state constitution on Tuesday, November 3.  The Libertarian Party of Texas makes the following recommendations on the seven proposed amendments and two important local ballot initiatives:

Proposition 1, SJR 1: Oppose

“The constitutional amendment increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes from $15,000 to $25,000, providing for a reduction of the limitation on the total amount of ad valorem taxes that may be imposed for those purposes on the homestead of an elderly or disabled person to reflect the increased exemption amount, authorizing the legislature to prohibit a political subdivision that has adopted an optional residence homestead exemption from ad valorem taxation from reducing the amount of or repealing the exemption, and prohibiting the enactment of a law that imposes a transfer tax on a transaction that conveys fee simple title to real property.”…