Texas House Bill HJR18

Texas 2025 - 89th 2nd C.S.

• Filed: 8/15/25

Caption

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes.

Impact

If enacted, this amendment could directly alter how property taxes are assessed and collected across the state. By capping the maximum increase in appraised value for tax purposes, the bill aims to provide financial relief for property owners, making it potentially easier for residents, especially those on fixed incomes, to manage their tax obligations without facing prohibitive increases. Furthermore, it may also encourage homeownership by ensuring that tax assessments remain predictable and manageable for new homeowners.

Summary

HJR18 proposes a constitutional amendment that allows the Texas Legislature to establish limitations on the maximum appraised value of real property for ad valorem tax purposes. Specifically, the bill suggests that the legislature could limit the appraised value to either 105% of the previous year's appraised value or a higher percentage as determined by law. This action intends to provide a more predictable tax structure for property owners, particularly homeowners, which could prevent sudden spikes in property taxes due to market fluctuations.

Contention

Debate over HJR18 may center around concerns about the state's ability to fund essential services, such as education and infrastructure, which rely heavily on property tax revenues. Critics of the amendment might argue that such limitations could starve local governments of necessary funds, potentially leading to cuts in public services. Proponents, however, could counter that a more stable property tax approach will ultimately encourage local development and could offset challenges by fostering a more attractive environment for property ownership within the state.