Texas HJR145 proposes a constitutional amendment to exempt tangible personal property from ad valorem taxation.
Texas HJR145 proposes a constitutional amendment to exempt tangible personal property from ad valorem taxation. The amendment would take effect January 1, 2026, and apply only to taxes imposed on or after that date. It would expire January 1, 2027. The amendment allows for continued taxation of certain tangible personal property if the tax was pledged for debt payment before January 1, 2026. The amendment will be submitted to voters in the November 4, 2025 election.
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