Article VIII, § 29 — TRANSFER TAX ON TRANSACTION CONVEYING FEE SIMPLE TITLE TO REAL PROPERTY PROHIBITED
This text of Texas Const. art. VIII, § 29 (TRANSFER TAX ON TRANSACTION CONVEYING FEE SIMPLE TITLE TO REAL PROPERTY PROHIBITED) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Full Text
(a) After January 1, 2016, no law may be enacted that imposes a transfer tax on a transaction that conveys fee simple title to real property. (b) This section does not prohibit: (1) the imposition of a general business tax measured by business activity; (2) the imposition of a tax on the production of minerals; (3) the imposition of a tax on the issuance of title insurance; or (4) the change of a rate of a tax in existence on January 1, 2016.
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Texas Const. art. VIII, § 29, Counsel Stack Legal Research, https://law.counselstack.com/constitution/tx/VIII/29.