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Bill > HJR1

TX HJR1

TX HJR1
Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation a portion of the market value of tangible personal property a person owns that is held or used for the production of income.

summary

Introduced
02/24/2025
In Committee
05/07/2025
Crossed Over
04/02/2025
Passed
05/19/2025
Dead
Signed/Enacted/Adopted
05/20/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

A JOINT RESOLUTION proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation a portion of the market value of tangible personal property a person owns that is held or used for the production of income.

AI Summary

This joint resolution proposes a constitutional amendment to modify property tax regulations in Texas by authorizing the state legislature to exempt $125,000 of the market value of tangible personal property used for income production from ad valorem taxation. Ad valorem taxation is a type of property tax based on the assessed market value of the property. Specifically, the amendment would allow the legislature to create a general law that provides a $125,000 exemption for personal property used to generate income, which could include equipment, machinery, or other assets owned by businesses or individuals that produce revenue. The proposed amendment would be submitted to Texas voters for approval at an election on November 4, 2025, with the ballot presenting a clear proposition about the potential tax exemption. If approved, this change would provide potential tax relief for property owners who use their tangible personal property for income-generating purposes.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (90)

Diego Bernal (D)*,  Paul Bettencourt (R)*,  Greg Bonnen (R)*,  Angie Button (R)*,  Trey Martinez Fischer (D)*,  Morgan Meyer (R)*,  Daniel Alders (R),  Carol Alvarado (D),  Trent Ashby (R),  Jeffrey Barry (R),  Cecil Bell (R),  Keith Bell (R),  Brian Birdwell (R),  César Blanco (D),  Brad Buckley (R),  Ben Bumgarner (R),  Giovanni Capriglione (R),  David Cook (R),  Philip Cortez (D),  Tom Craddick (R),  Brandon Creighton (R),  Charles Cunningham (R),  Pat Curry (R),  Aicha Davis (D),  Jay Dean (R),  Mano DeAyala (R),  Mark Dorazio (R),  Paul Dyson (R),  Caroline Fairly (R),  James Frank (R),  Gary Gates (R),  Stan Gerdes (R),  Charlie Geren (R),  Ryan Guillen (R),  Roland Gutierrez (D),  Sam Harless (R),  Cody Harris (R),  Caroline Harris Davila (R),  Cole Hefner (R),  Hillary Hickland (R),  Adam Hinojosa (R),  Bryan Hughes (R),  Lacey Hull (R),  Carrie Isaac (R),  Helen Kerwin (R),  Phil King (R),  Stan Kitzman (R),  Lois Kolkhorst (R),  Stan Lambert (R),  Brooks Landgraf (R),  Jeff Leach (R),  Terri Leo-Wilson (R),  Janie Lopez (R),  Ray Lopez (D),  John Lujan (R),  Shelley Luther (R),  Mando Martinez (D),  John McQueeney (R),  Will Metcalf (R),  Mayes Middleton (R),  Brent Money (R),  Eddie Morales (D),  Matt Morgan (R),  Sergio Muñoz (D),  Candy Noble (R),  Tom Oliverson (R),  Angelia Orr (R),  Tan Parker (R),  Jared Patterson (R),  Dennis Paul (R),  Angela Paxton (R),  Katrina Pierson (R),  Mihaela Plesa (D),  Richard Raymond (D),  Keresa Richardson (R),  Mike Schofield (R),  Matt Shaheen (R),  Joanne Shofner (R),  Shelby Slawson (R),  Kevin Sparks (R),  David Spiller (R),  Valoree Swanson (R),  Carl Tepper (R),  Tony Tinderholt (R),  Steve Toth (R),  Ellen Troxclair (R),  Gary VanDeaver (R),  Cody Vasut (R),  Royce West (D),  Trey Wharton (R), 

Last Action

Filed with the Secretary of State (on 05/20/2025)
(1 Companion Bills)

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Document Type Source Location
State Bill Page https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HJR1
BillText https://capitol.texas.gov/tlodocs/89R/billtext/html/HJ00001F.htm
Fiscal Note (Enrolled) https://capitol.texas.gov/tlodocs/89R/fiscalnotes/html/HJ00001F.htm
Fiscal Note (Senate Amendments Printing) https://capitol.texas.gov/tlodocs/89R/fiscalnotes/html/HJ00001A.htm
Senate Amendment (S 2) F1-Bettencourt https://capitol.texas.gov/tlodocs/89R/amendments/html/HJ00001S2F1.HTM
Analysis (Senate Committee Report) https://capitol.texas.gov/tlodocs/89R/analysis/html/HJ00001S.htm
Fiscal Note (Senate Committee Report) https://capitol.texas.gov/tlodocs/89R/fiscalnotes/html/HJ00001S.htm
BillText https://capitol.texas.gov/tlodocs/89R/billtext/html/HJ00001S.htm
Analysis (Engrossed) https://capitol.texas.gov/tlodocs/89R/analysis/html/HJ00001E.htm
Fiscal Note (Engrossed) https://capitol.texas.gov/tlodocs/89R/fiscalnotes/html/HJ00001E.htm
BillText https://capitol.texas.gov/tlodocs/89R/billtext/html/HJ00001E.htm
House Amendment (H 2) 2-Virdell https://capitol.texas.gov/tlodocs/89R/amendments/html/HJ00001H22.HTM
House Amendment (H 2) 1-Virdell https://capitol.texas.gov/tlodocs/89R/amendments/html/HJ00001H21.HTM
BillText https://capitol.texas.gov/tlodocs/89R/billtext/html/HJ00001H.htm
Analysis (House Committee Report) https://capitol.texas.gov/tlodocs/89R/analysis/html/HJ00001H.htm
Fiscal Note (Introduced) https://capitol.texas.gov/tlodocs/89R/fiscalnotes/html/HJ00001I.htm
BillText https://capitol.texas.gov/tlodocs/89R/billtext/html/HJ00001I.htm
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