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TX HJR211
Joint Resolution
Status
3/14/2025
Primary Sponsor
Diego Bernal
Click for details
AI Summary
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Proposes a constitutional amendment to allow the legislature to exempt up to $100,000 of market value from ad valorem (property) taxation on tangible personal property used for income production
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Replaces the current constitutional provision that only allows exemption for property with taxable value too low to justify administrative costs of collection
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Requires property owners to annually render (formally report) their tangible personal property to qualify for the exemption
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Would be submitted to Texas voters at an election on November 4, 2025
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Amends Section 1(g), Article VIII of the Texas Constitution
Legislative Description
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.
Property Interests
Last Action
Referred to Ways & Means
4/7/2025