Bill > HJR9

This joint resolution proposes a constitutional amendment to modify property tax appraisal limits in Texas, specifically reducing the maximum percentage increase for property valuations. For residential homesteads, the maximum appraised value would be limited to 102.5% (down from 110%) of the previous year's appraised value, while non-residential real property would be capped at 108% (down from 120%) of the previous year's value. The amendment allows the legislature to set these limits and provides rules for when these valuation restrictions take effect and expire, such as applying when a property owner first qualifies for a homestead exemption and ending when the original property owner no longer owns or qualifies for the exemption. The proposed amendment would also repeal a previous section of the constitution related to appraisal limitations and is scheduled to be submitted to Texas voters in a May 2, 2026 election. The goal of this resolution appears to be providing additional property tax relief by constraining how quickly property values can increase for tax assessment purposes.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=892&Bill=HJR9