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Texas Proposition 10, Tax Exemptions for Temporarily Held Property Amendment (2001)
Texas Proposition 10 | |
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Election date |
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Topic Property and Taxes |
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Status |
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Type Legislatively referred constitutional amendment |
Origin |
Texas Proposition 10 was on the ballot as a legislatively referred constitutional amendment in Texas on November 6, 2001. It was approved.
A "yes" vote supported exempting temporarily held tangible personal property in specific locations for commercial purposes from taxation to promote equal tax treatment for Texas-produced, acquired, and distributed products. |
A "no" vote opposed exempting temporarily held tangible personal property in specific locations for commercial purposes from taxation to promote equal tax treatment for Texas-produced, acquired, and distributed products. |
Election results
Texas Proposition 10 |
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Result | Votes | Percentage | ||
499,514 | 62.97% | |||
No | 293,764 | 37.03% |
Text of measure
Ballot title
The ballot title for Proposition 10 was as follows:
“ | Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation tangible personal property held at certain locations only temporarily for assembling, manufacturing, processing, or other commercial purposes. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Texas Constitution
A two-thirds vote was needed in each chamber of the Texas State Legislature to refer the constitutional amendment to the ballot for voter consideration.
The constitutional amendment was introduced into the Texas State Legislature as Senate Joint Resolution 6 during the 77th regular legislative session in 2001.[1]
See also
External links
Footnotes
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