89R14966 LHC-D     By: Turner H.J.R. No. 154       A JOINT RESOLUTION   proposing a constitutional amendment authorizing the governing   body of a political subdivision to adopt an exemption from ad   valorem taxation of a portion, expressed as a dollar amount, of the   market value of an individual's residence homestead and providing   for the adjustment of the exemption amount in subsequent years to   reflect inflation.          BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 1-b(e), Article VIII, Texas   Constitution, is amended to read as follows:          (e)  The governing body of a political subdivision[, other   than a county education district,] may exempt from ad valorem   taxation a portion, expressed as a dollar amount, [percentage] of   the market value of the residence homestead of a married or   unmarried adult, including one living alone.  For the 2026 tax year,   the amount of the exemption may not exceed $100,000.  For each   subsequent tax year, the comptroller of public accounts shall   calculate the maximum amount of the exemption by multiplying the   maximum amount of the exemption under this subsection for the   preceding tax year by the inflation rate, as defined by general law,   and adding that amount to the maximum amount of that exemption for   the preceding tax year. [In the manner provided by law, the voters   of a county education district at an election held for that purpose   may exempt from ad valorem taxation a percentage of the market value   of the residence homestead of a married or unmarried adult,   including one living alone.  The percentage may not exceed twenty   percent.  However, the amount of an exemption authorized pursuant   to this subsection may not be less than $5,000 unless the   legislature by general law prescribes other monetary restrictions   on the amount of the exemption.]  The legislature by general law may   prohibit the governing body of a political subdivision that adopts   an exemption under this subsection from reducing the amount of or   repealing the exemption.  An eligible adult is entitled to receive   other applicable exemptions provided by law.  Where ad valorem tax   has previously been pledged for the payment of debt, the governing   body of a political subdivision may continue to levy and collect the   tax against the value of the homesteads exempted under this   subsection until the debt is discharged if the cessation of the levy   would impair the obligation of the contract by which the debt was   created.  The legislature by general law may prescribe procedures   for the administration of residence homestead exemptions.          SECTION 2.  The following temporary provision is added to   the Texas Constitution:          TEMPORARY PROVISION.  (a)  This temporary provision applies   to the constitutional amendment proposed by the 89th Legislature,   Regular Session, 2025, authorizing the governing body of a   political subdivision to adopt an exemption from ad valorem   taxation of a portion, expressed as a dollar amount, of the market   value of an individual's residence homestead and providing for the   adjustment of the exemption amount in subsequent years to reflect   inflation.          (b)  The amendment to Section 1-b(e), Article VIII, of this   constitution takes effect beginning with the tax year that begins   January 1, 2026.          (c)  This temporary provision expires January 1, 2027.          SECTION 3.  This proposed constitutional amendment shall be   submitted to the voters at an election to be held November 4, 2025.   The ballot shall be printed to permit voting for or against the   proposition: "The constitutional amendment authorizing the   governing body of a political subdivision to adopt an exemption   from ad valorem taxation of a portion, expressed as a dollar amount,   of the market value of an individual's residence homestead and   providing for the adjustment of the exemption amount in subsequent   years to reflect inflation."