TX HJR64

Prohibits all political subdivisions in Texas from imposing ad valorem taxes (property taxes) on real or personal property for any purpose starting January 1, 2031

Transfers to the state full responsibility for guaranteeing repayment of all school district bonds issued before November 4, 2025, that were secured by ad valorem tax revenue

Requires the Legislature to enact implementing legislation for the state's assumption of school district bond obligations

Amends Section 1, Article VIII of the Texas Constitution by adding new Subsections (b-1) and (b-2)

Would be submitted to voters at an election on November 4, 2025, with ballot language reading "The constitutional amendment to abolish ad valorem taxes"