Senate Joint Resolution No. 81, proposed by Bettencourt and Creighton, seeks to amend the Texas Constitution to allow the legislature to exempt a portion of the market value of tangible personal property from ad valorem taxation. Specifically, the resolution proposes an exemption of up to $25,000 for property that is owned and utilized for income production. This amendment aims to provide financial relief to individuals and businesses by reducing their tax burden on personal property used for generating income.

If approved, this constitutional amendment will be presented to voters during the election scheduled for November 4, 2025. The ballot will include a proposition allowing voters to express their support or opposition to the proposed exemption from ad valorem taxation for qualifying tangible personal property.