Texas HJR154 proposes a constitutional amendment allowing political subdivisions to exempt a dollar amount of an individual's residence homestead.

Texas HJR154 proposes a constitutional amendment authorizing the governing body of a political subdivision to exempt a dollar amount of the market value of an individual's residence homestead from ad valorem taxation. For the 2026 tax year, the exemption amount cannot exceed $100,000. Starting from the following tax year, the exemption amount will be adjusted annually based on the inflation rate. The amendment also allows eligible adults to receive other applicable exemptions. The proposed amendment will be submitted to voters in the November 4, 2025 election.

Texas HJR154 proposes a constitutional amendment allowing political subdivisions to exempt a dollar amount of an individual's residence homestead.

Texas HJR154 proposes a constitutional amendment authorizing the governing body of a political subdivision to exempt a dollar amount of the market value of an individual's residence homestead from ad valorem taxation. For the 2026 tax year, the exemption amount cannot exceed $100,000. Starting from the following tax year, the exemption amount will be adjusted annually based on the inflation rate. The amendment also allows eligible adults to receive other applicable exemptions. The proposed amendment will be submitted to voters in the November 4, 2025 election.