Your feedback ensures we stay focused on the facts that matter to you most—take our survey.

Texas Proposition 12, Mineral Interest and Property Tax Exemptions Amendment (1995)

From Ballotpedia
Jump to: navigation, search
Texas Proposition 12

Flag of Texas.png

Election date

November 7, 1995

Topic
Taxes
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Texas Proposition 12 was on the ballot as a legislatively referred constitutional amendment in Texas on November 7, 1995. It was approved.

A "yes" vote supported exempting low-value personal property and mineral interests from ad valorem taxation.

A "no" vote opposed exempting low-value personal property and mineral interests from ad valorem taxation.


Election results

Texas Proposition 12

Result Votes Percentage

Approved Yes

495,144 69.90%
No 213,178 30.10%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 12 was as follows:

Proposing a constitutional amendment authorizing the exemption from ad valorem taxation of income-producing personal property and mineral interests having a value insufficient to recover the tax administrative costs.

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 House Joint Resolution 31 during the 74th regular legislative session in 1995.[1]

See also


External links

Footnotes