Bill Text: TX SJR23 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes and to postpone the expiration of the limit.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2025-02-03 - Referred to Local Government [SJR23 Detail]
Download: Texas-2025-SJR23-Introduced.html
| 89R2998 DRS-D | ||
| By: Kolkhorst | S.J.R. No. 23 | |
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| proposing a constitutional amendment to authorize the legislature | ||
| to set a lower limit on the maximum appraised value of real property | ||
| other than a residence homestead for ad valorem tax purposes and to | ||
| postpone the expiration of the limit. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Sections 1(n) and (n-1), Article VIII, Texas | ||
| Constitution, are amended to read as follows: | ||
| (n) This subsection does not apply to a residence homestead | ||
| to which Subsection (i) of this section applies. Notwithstanding | ||
| Subsections (a) and (b) of this section, the Legislature by general | ||
| law may limit the maximum appraised value of real property for ad | ||
| valorem tax purposes in a tax year to the lesser of the most recent | ||
| market value of the property as determined by the appraisal entity | ||
| or 110 [ |
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| value of the property for the preceding tax year. The general law | ||
| enacted under this subsection may prescribe additional eligibility | ||
| requirements for the limitation on appraised values authorized by | ||
| this subsection. A limitation on appraised values authorized by | ||
| this subsection: | ||
| (1) takes effect as to a parcel of real property | ||
| described by this subsection on the later of the effective date of | ||
| the law imposing the limitation or January 1 of the tax year | ||
| following the first tax year in which the owner owns the property on | ||
| January 1; and | ||
| (2) expires on January 1 of the tax year following the | ||
| tax year in which the owner of the property ceases to own the | ||
| property. | ||
| (n-1) This subsection and Subsection (n) of this section | ||
| expire December 31, 2031 [ |
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| SECTION 2. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held November 4, 2025. | ||
| The ballot shall be printed to permit voting for or against the | ||
| proposition: "The constitutional amendment to authorize the | ||
| legislature to set a lower limit on the maximum appraised value of | ||
| real property other than a residence homestead for ad valorem tax | ||
| purposes and to postpone the expiration of the limit." | ||
