Texas HJR209 proposes a constitutional amendment to allow a one-time tax credit for first-time homebuyers on their residence homestead.

Texas HJR209 proposes a constitutional amendment to authorize the Texas legislature to provide a one-time tax credit for first-time homebuyers on their residence homestead. The credit would apply to the ad valorem taxes imposed by a political subdivision. The legislature may set additional eligibility requirements and can use state funds to reimburse political subdivisions for revenue loss. The amendment will be submitted to voters in the November 4, 2025 election.

Texas HJR209 proposes a constitutional amendment to allow a one-time tax credit for first-time homebuyers on their residence homestead.

Texas HJR209 proposes a constitutional amendment to authorize the Texas legislature to provide a one-time tax credit for first-time homebuyers on their residence homestead. The credit would apply to the ad valorem taxes imposed by a political subdivision. The legislature may set additional eligibility requirements and can use state funds to reimburse political subdivisions for revenue loss. The amendment will be submitted to voters in the November 4, 2025 election.