TX HJR50

Proposes amending Article VIII, Section 1(i) of the Texas Constitution to lower the homestead appraisal cap from 110% to 105% of the previous year's appraised value

Allows the legislature to limit annual increases in residence homestead appraised values to 105% or greater of the prior year's value for property tax purposes

Maintains existing provisions that the appraised value cannot exceed the most recent market value as determined by the appraisal entity

Appraisal cap limitations continue to apply to surviving spouses who qualify for homestead exemptions

Constitutional amendment would be submitted to Texas voters at an election on November 4, 2025