Proposing a constitutional amendment to authorize the legislature to set lower limits on the maximum appraised value of residence homesteads and of real property other than a residence homestead for ad valorem tax purposes and to make permanent the limit on the maximum appraised value of real property other than a residence homestead.
Impact
If passed, HJR27 would significantly influence property tax regulations and assessments across Texas. The amendment aims to make ad valorem taxes more manageable for homeowners by capping the appraised value of their properties at not more than a certain percentage increase from the previous year. This could result in lower tax bills, especially for those whose property values have seen considerable spikes in recent years, aligning tax assessments more closely with actual market conditions.
Summary
HJR27 is a joint resolution proposing a constitutional amendment that would give the Texas legislature the authority to set lower limits on the maximum appraised value of residence homesteads and other real properties for ad valorem tax purposes. This amendment seeks to amend specific sections of Article VIII of the Texas Constitution, which governs property taxes. The proposed changes would allow the legislature to establish these limits, thereby enabling a more consistent and potentially lower appraisal value for tax assessments than currently allowed under existing laws.
Contention
Debate surrounding HJR27 is expected to focus on the implications of reduced property tax revenues for local governments, which historically rely on these funds for essential services. Supporters argue that providing limitations on appraisal values can help protect homeowners from rising property taxes that do not reflect their ability to pay, while opponents may warn that this measure could hinder the funding available for public services, potentially leading to budget shortfalls. The resolution outlines a possible election on this amendment to be held on May 2, 2026, which will determine its adoption by voters.
Proposing a constitutional amendment to authorize the legislature to set lower limits on the maximum appraised value of residence homesteads and of real property other than a residence homestead for ad valorem tax purposes and to make permanent the limit on the maximum appraised value of real property other than a residence homestead.
Proposing a constitutional amendment to authorize the legislature to make permanent the limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.
Proposing a constitutional amendment to authorize the legislature to make permanent the limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.
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.
Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem taxation.
Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem taxation.
Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem taxation.
Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem taxation.
Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem taxation.
Proposing a constitutional amendment authorizing the legislature to limit the maximum appraised value of a residence homestead for ad valorem tax purposes to the lesser of the most recent market value of the residence homestead or 115 percent, or a greater percentage, of the appraised value of the residence homestead for the last year in which the residence homestead was appraised for ad valorem tax purposes, to limit the frequency of the reappraisal of a residence homestead for those purposes, and to permit the voters of a county to establish a higher limitation on the maximum appraised value of a residence homestead for those purposes.