Texas Proposition 6 (2007)
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Proposition 6 would authorize the legislature to exempt from ad valorem taxation one motor vehicle owned by an individual and used in the course of the owners work and personal use.
Proposition 6 appeared on the statewide November 2007 ballot in Texas along with fifteen other statewide propositions; all of them passed. All sixteen ballot measures were legislative referrals voted onto the ballot by the Texas State Legislature.
Overview
The proposed amendment would apply with the tax year that began on January 1st.
Statement of Support
Supporters believe that many entrepreneurs use vehicles as part of their profession and that it would be inappropriate to tax them. This has also been addressed by the Attorney General's opinion, No. GA-0484, that while HB 809 said that said that while a person's vehicle that is used for professional purposes does not have to be reported on their taxes, it is still subject to the ad valorem tax. The Texas Legislature has not shown a want to tax personal property in the past and Proposition 6 would clarify this belief.
- The amendment would primary benefit: Realtors, farmers, and other small business owners.
Supporters of Prop. 6
- Texas Real Estate[1]
- Independent Insurance Agents of Texas
- National Federation of Independent Business
- Texas Association of REALTORS®
- Texas Farm Bureau
- Texas Forestry Association
- Texas Poultry Federation
- Texas Nursery & Landscape Association
- Texas and Southwestern Cattle Raisers Association
- National Association of Insurance & Financial Advisors-Texas
- Texas Association of Business
- Texas Association of Builders
- Texas Construction Association
- Texas Home Warranty Association
- International Council of Shopping Centers[2]
Newspapers
- Dallas Morning News
- " We say yes to exempting small-business owners who use personal vehicles for business from property taxes on those vehicles."[3]
- Austin Chronicle
- "Many small-business people and freelancers effectively live and work out of their cars, and a single vehicle exemption should not threaten the school budget."[4]
Statement of Opposition
The Legislature has traditionally taxed property associated with the production of income and Proposition 6 would weaken this policy.
A Taxpayer's Perspective from the National Taxpayers Union
Proposition 6 would create a property tax exemption for a single vehicle that is used for both business and personal activities.
Election results
The initiative passed with 792,825 voting for it (74%) and 283,030 voting against it (26%).
See also
References
- ↑ Prop 6 gives Texans the chance to avoid a new tax on their vehicles, Texas Real Estate.com
- ↑ Voteforprop6.org
- ↑ We Recommend, Dallas Morning News, Oct. 22, 2007
- ↑ Austin Chronicle' Endorsements, Austin Chronicle, Nov. 2, 2007
External links
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