Texas HJR24 proposes a constitutional amendment to allow the legislature to set a cap on the maximum appraised value of real property for ad valorem.

Texas HJR24 proposes a constitutional amendment to repeal certain sections of the Texas Constitution and add a temporary provision allowing the legislature to limit the maximum appraised value of real property for ad valorem tax purposes. This amendment would take effect on January 1, 2026, and would expire on January 1, 2027. The amendment would permit the legislature to define real property, including manufactured or mobile homes used as dwellings, and set the cap at 105 percent or more of the appraised value of the property for the preceding tax year.

Texas HJR24 proposes a constitutional amendment to allow the legislature to set a cap on the maximum appraised value of real property for ad valorem.

Texas HJR24 proposes a constitutional amendment to repeal certain sections of the Texas Constitution and add a temporary provision allowing the legislature to limit the maximum appraised value of real property for ad valorem tax purposes. This amendment would take effect on January 1, 2026, and would expire on January 1, 2027. The amendment would permit the legislature to define real property, including manufactured or mobile homes used as dwellings, and set the cap at 105 percent or more of the appraised value of the property for the preceding tax year.