Bill > HJR64

This joint resolution proposes a constitutional amendment to abolish ad valorem taxes (property taxes) in Texas by prohibiting political subdivisions from imposing such taxes on real or personal property starting January 1, 2031. Ad valorem taxes, which are taxes levied based on the assessed value of property, would be completely eliminated for all local entities. The resolution includes a provision that the state will take full responsibility for repaying any school district bonds issued before November 4, 2025, that were originally secured by ad valorem tax revenues. The proposed amendment would be submitted to voters in a special election on November 4, 2025, with the ballot language directly asking voters whether they support abolishing property taxes. If approved, this would represent a significant change in local government funding, potentially requiring the state to develop alternative revenue sources to support local services and infrastructure.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HJR64