Bill > HJR32

This joint resolution proposes a constitutional amendment to abolish ad valorem taxes (property taxes) in Texas, with a phased implementation timeline. Specifically, the resolution would prohibit political subdivisions from imposing ad valorem taxes on real or personal property starting January 1, 2031, while ensuring the state takes full responsibility for guaranteeing the repayment of school district bonds issued before November 4, 2025, that were previously secured by property tax revenues. The proposed amendment would be submitted to Texas voters for approval at an election on November 4, 2025, with the ballot language clearly stating the proposition to abolish ad valorem taxes. If approved, this would represent a significant change in how local governments and school districts are funded, as property taxes have traditionally been a key source of revenue for these entities. The resolution includes a provision requiring the state legislature to enact laws to implement the new constitutional amendment's requirements.