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Bill > HJR196


TX HJR196

TX HJR196
Proposing a constitutional amendment requiring the periodic review of state and local tax preferences and the expiration of certain tax preferences if not reauthorized by law.


summary

Introduced
03/13/2025
In Committee
04/03/2025
Crossed Over
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

A JOINT RESOLUTION proposing a constitutional amendment requiring the periodic review of state and local tax preferences and the expiration of certain tax preferences if not reauthorized by law.

AI Summary

This joint resolution proposes a constitutional amendment to require the Texas legislature to periodically review state and local tax preferences, which are special tax exemptions, deductions, or credits that reduce tax liability for specific groups or activities. The amendment mandates that the legislature define what constitutes a "tax preference" and establish procedures for reviewing these preferences. Under the proposed amendment, new tax preferences that take effect on or after September 1, 2026, will automatically expire six years after enactment unless explicitly reauthorized by law. Similarly, existing tax preferences in place before September 1, 2026, will expire six years after their most recent reauthorization, with the legislature retaining the ability to set earlier expiration dates. The amendment is set to take effect on January 1, 2026, and will be submitted to Texas voters for approval in a November 4, 2025 election. The ballot will ask voters whether they support requiring the legislature to periodically review tax preferences and allow them to expire after six years unless specifically renewed.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Ways & Means (on 04/03/2025)

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