Proposing a constitutional amendment to allow the Texas legislature to set lower limits on the maximum appraised value of residence homesteads and.

This bill proposes a constitutional amendment to authorize the Texas 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. It also seeks to make permanent the limit on the maximum appraised value of real property other than a residence homestead. The amendment would allow the legislature to set these limits by general law, with specific provisions for when the limits take effect and expire. The amendment will be submitted to voters in an election on November 4, 2025.

Proposing a constitutional amendment to allow the Texas legislature to set lower limits on the maximum appraised value of residence homesteads and.

This bill proposes a constitutional amendment to authorize the Texas 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. It also seeks to make permanent the limit on the maximum appraised value of real property other than a residence homestead. The amendment would allow the legislature to set these limits by general law, with specific provisions for when the limits take effect and expire. The amendment will be submitted to voters in an election on November 4, 2025.