Bill > HJR68

This joint resolution proposes a constitutional amendment that would authorize the Texas legislature to limit ad valorem taxes (property taxes) for homeowners who have lived in the same residence for 15 consecutive years and experienced a significant tax increase. Specifically, if school taxes on a homestead have increased by at least 120% over those 15 years, the legislature could cap the total amount of school district taxes on that property at the level from the 15th tax year. The proposed amendment includes protections for surviving spouses, allowing them to maintain the tax limitation, and allows for tax increases related to property improvements (except for basic repairs or government-mandated upgrades). The amendment provides flexibility for the legislature to establish additional eligibility requirements and administrative procedures for implementing this tax limitation. If approved by voters in a November 4, 2025 election, this amendment would give homeowners some protection against rapidly escalating property tax burdens, particularly in areas with quickly rising school district tax rates.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HJR68