Texas The Texas Constitution

§ 8.29 — TRANSFER TAX ON TRANSACTION CONVEYING FEE SIMPLE TITLE TO REAL PROPERTY PROHIBITED

CN § 8.29

(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. (Added Nov. 3, 2015.)