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Difference between revisions of "Texans are ignorant"

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Line 20: Line 20:
 
1 the right to engage in farming, ranching, timber production, horticulture, and wildlife management.
 
1 the right to engage in farming, ranching, timber production, horticulture, and wildlife management.
 
*right to regulate
 
*right to regulate
 +
  
 
2 option exemption from ad valorem taxation
 
2 option exemption from ad valorem taxation
Line 28: Line 29:
 
3 prohibiting the imposition of an individual net worth or wealth tax.
 
3 prohibiting the imposition of an individual net worth or wealth tax.
  
4 a temporary limit on the maximum appraised value of real property  
+
 
 +
 
 +
4 a '''temporary limit''' on the maximum appraised value of real property  
 
*could not raise the taxable value of those properties by more than  
 
*could not raise the taxable value of those properties by more than  
 
*20% each year  
 
*20% each year  
*Unbelievable -- value will double in 5 years -- 5 times in 10 years
+
*'''Unbelievable''' -- value will '''double''' in 5 years -- 5 times in 10 years
 +
 
 +
 
  
 
5 provides funding to certain institutions of higher education  
 
5 provides funding to certain institutions of higher education  
 
*Texas University Fund.
 
*Texas University Fund.
 
*already have a separate Permanent University Fund.
 
*already have a separate Permanent University Fund.
*$100 million 1st year. The annual amount may be adjusted for inflation
+
*'''$100 million''' 1st year. The annual amount may be adjusted for inflation
  
  
Line 42: Line 47:
 
6 water fund to assist in financing water projects in this state.
 
6 water fund to assist in financing water projects in this state.
 
*$1 billion down payment.
 
*$1 billion down payment.
 +
 
   
 
   
 
7 creation of the Texas energy fund to support electric generating facilities.
 
7 creation of the Texas energy fund to support electric generating facilities.
*$5 billion to fund these programs for the next two years.
+
*'''$5 billion''' to fund these programs for the next two years.
  
  
 
8  broadband infrastructure fund  
 
8  broadband infrastructure fund  
*$1.5 billion would be allocated  
+
*'''$1.5 billion''' would be allocated  
  
  
 
9 cost-of-living adjustment to the Teacher Retirement System
 
9 cost-of-living adjustment to the Teacher Retirement System
*$3.3 billion from the general revenue fund  
+
*'''$3.3 billion''' from the general revenue fund  
  
 
10 exempt from ad valorem taxation of manufacturer of medical or biomedical products  
 
10 exempt from ad valorem taxation of manufacturer of medical or biomedical products  
*$207 million in estimated revenue
+
*'''$207 million''' in estimated revenue
  
  
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14  creation of the centennial parks conservation fund.
 
14  creation of the centennial parks conservation fund.
 
*more than  
 
*more than  
*$1 billion for state parks
+
*'''$1 billion''' for state parks
  
  
 
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Revision as of 14:41, 2 December 2023


Most do not know what happened


Texas Voters Approve Constitutional Amendments

  • November 7, 2023


Since its adoption in 1876, the Texas Constitution has been amended 517 times.

a billion here and a billion there

and soon you are going to be talking about real money


1 the right to engage in farming, ranching, timber production, horticulture, and wildlife management.

  • right to regulate


2 option exemption from ad valorem taxation

  • property used to operate a child-care facility.
  • will result in higher tax burdens for homeowners and other businesses


3 prohibiting the imposition of an individual net worth or wealth tax.


4 a temporary limit on the maximum appraised value of real property

  • could not raise the taxable value of those properties by more than
  • 20% each year
  • Unbelievable -- value will double in 5 years -- 5 times in 10 years


5 provides funding to certain institutions of higher education

  • Texas University Fund.
  • already have a separate Permanent University Fund.
  • $100 million 1st year. The annual amount may be adjusted for inflation


6 water fund to assist in financing water projects in this state.

  • $1 billion down payment.


7 creation of the Texas energy fund to support electric generating facilities.

  • $5 billion to fund these programs for the next two years.


8 broadband infrastructure fund

  • $1.5 billion would be allocated


9 cost-of-living adjustment to the Teacher Retirement System

  • $3.3 billion from the general revenue fund

10 exempt from ad valorem taxation of manufacturer of medical or biomedical products

  • $207 million in estimated revenue


11 permit El Paso County to issue bonds to fund parks and recreational facilities.

  • could cause property taxes to increase

12 abolish the office of county treasurer of Galveston County.

  • will not save money and change to employee of the commissioners court
  • Something rotten in Denmark

14 creation of the centennial parks conservation fund.

  • more than
  • $1 billion for state parks


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