Loading chat...
TX HJR59
Joint Resolution
Status
11/12/2024
Primary Sponsor
John Bucy
Click for details
AI Summary
-
Proposes a constitutional amendment expanding which political subdivisions can establish property tax freezes for disabled and elderly homeowners from only counties, cities/towns, and junior college districts to any political subdivision except school districts
-
Allows governing bodies to cap ad valorem taxes on residence homesteads for persons who are disabled or 65 years or older, preventing tax increases while the property remains their homestead
-
Extends tax freeze protection to surviving spouses who are disabled or at least 55 years old at the time of the qualifying homeowner's death
-
Permits a petition signed by 5% of registered voters to force an election on whether to establish the tax limitation in their political subdivision
-
Taxes may still increase for improvements beyond repairs or government-mandated changes, and once established, governing bodies cannot repeal the tax limitation
-
If approved by voters on November 4, 2025, the amendment would take effect January 1, 2026
Legislative Description
Proposing a constitutional amendment to authorize a political subdivision other than a school district to establish a limitation on the amount of ad valorem taxes that the political subdivision may impose on the residence homesteads of persons who are disabled or elderly and their surviving spouses.
Property Interests
Last Action
Referred to Ways & Means
3/4/2025