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US Vote SmartHome » 2023-11-07 election » Texas » Statewide Amendment 10 - AGAINST |
| Statewide Amendment 10 - AGAINST | |
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 Texas |
Statewide Amendment 10 - AGAINST
proposition
Texas Tax Exemption on Medical Equipment and Inventory Amendment
(SJR 87): Authorizing the legislature to exempt from ad valorem taxation equipment or inventory held by a manufacturer of medical or biomedical products to protect the Texas healthcare network and strengthen our medical supply chain.
Assertions
MCTP Position Source 
Submitted by john wertz on 2023-10-09 13:40:39
AGAINST
Carve out (Corporate Welfare) - tax breaks for just that industry
Major Issues
Texas Scorecard has consolidated the recommendations for voting on the upcoming state constitutional amendments.October 7, 2023
More Corporate Welfare in the Texas Constitution - Huffines Liberty Foundation - AGAINST
Mark Ramsey 2023 Amendments Analysis - AGAINST
Lobbyist bill. Raises your property tax to let someone else get theirs lowered.
JoAnn Fleming's "GRASSROOTS AMERICA We The People" '
"Voters, beware! You are being used to grow government! Here’s how."
Current Revolt POsition
Creates a blank check for the legislature to create tax breaks for anyone occupying 25% of the economy. Given how they responded to the covid plandemic, I would expect Pfizer to be first on the list for a massive tax break whenever the next virus is hyped.
VERDICT: WHATEVER
MCRP POoition
Ad valorem tax=property tax
This amendment would provide an exemption from taxation of products and land owned or leased that is located in a biomedical facility. Other products exempted from ad valorem taxes are agricultural and pollution control equipment.
SB 2289 defines medical and biomedical property as “tangible property that is (A) stored, used, or consumed in the manufacturing or processing of medical or biomedical products by a medical or biomedical manufacturer; or (B) intended for use in the diagnosis, cure, mitigation, treatment, or prevention of a condition or disease or in medical or biomedical research.” This would include devices, therapeutics, pharmaceuticals, personal protective equipment, tools, implants, instruments, and apparatuses. The law would take effect on January 1, 2024, if the amendment is passed.
Recommendation: Supporters point out that as of now there is no incentive for manufacturers to build in Texas, and this might bring more business to Texas.
