Proposing a constitutional amendment authorizing the governing body of a political subdivision that adopts an exemption from ad valorem taxation of a percentage of the market value of an individual’s residence homestead to set a limit on the dollar amount of the exemption to which an individual is entitled in a tax year.

Relating to the authority of the governing body of a taxing unit that adopts an exemption from ad valorem taxation of a percentage of the appraised value of an individual’s residence homestead to set a limit on the dollar amount of the exemption to which an individual is entitled in a tax year.

Relating to the eligibility of land owned by certain members of the armed services of the United States for appraisal for ad valorem tax purposes as qualified open-space land.

Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of certain property owned by research technology corporations created by public or private institutions of higher education to develop and commercialize technologies owned by the institutions.

Relating to the creation of research technology corporations by institutions of higher education; providing for tax exemptions; providing a penalty.