Proposition 1 - Property tax exemption for spouses of service members killed in action.
RECOMMEND VOTING YES. Texas already grants this exemption to disabled veterans. The same benefit should be extended to widows of US armed service members who are killed in action.
Proposition 2 – Eliminate the State Medical Education Board and State Education Fund.
RECOMMEND VOTING YES. We support limited government. This board and the fund it administered were never implemented and should be eliminated.
Proposition 3 – Special property tax exemption for aircraft parts.
RECOMMEND VOTING NO. Texas is one of the few states that levy a property tax on inventory. This proposition benefits one specific company; pimping our Constitution for one company is wrong. If the property tax is inhibiting business development in Texas, which we suspect it is, it should be repealed for all companies, not just for one. What is the difference between this and Obama granting exemptions from ObamaCare to select businesses and governmental bodies?
Proposition 4 – Property tax exemption on homes donated to veterans by charities.
RECOMMEND VOTING YES. Disabled veterans need all the help we can give them.
Proposition 5 – Expands rules governing reverse mortgage loans.
RECOMMEND VOTING YES. Texas Patriots PAC is not a fan of reverse mortgages because they are a very expensive way for seniors to borrow money against their home equity. But we believe that individuals should be free to make their own decision, and that they should be responsible and accountable for those decisions. Texas voters changed the Constitution in 1977 to permit reverse mortgages. This is the fourth amendment to the Constitution relating to reverse mortgages since then. The changes made by this proposition would enable Texans to qualify for a U.S. Department of Housing and Urban Development program that was established in 2009. The amendment, therefore, would give those who wish to use a reverse mortgage more options. What we like most about this amendment is that it would also require pre-loan counseling on the advisability of reverse mortgages and the other financial options available. It also would improve lender notice requirements.
Proposition 6 – Raids $2 billion from Rainy Day Fund for water projects.
RECOMMEND VOTING NO. In 2011, Texas voters approved giving the Water Board authority to borrow up to $6 billion on an ongoing basis to help fund critical water projects. The legislature never provided funds to pay interest on this borrowing, and the water projects being considered for funding by the Water Board apparently cannot pay the interest either, at least not during the construction period. So no water projects have been funded using this borrowing facility.
If water is a core function of government, the funding should come from General Revenues (GR). Instead, the 83rd legislative session used GR for all kinds of other expenditures (much of which being for non-core government functions) and claimed, because of the emergency they themselves had partially created, that Texas must raid the rainy day fund primarily to support economic development.
Texas Patriots PAC has five fundamental problems supporting Proposition 6:
- First, supporting this proposition would reward incompetent behavior by the legislature and...