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 used for income production. This change aims to alleviate the tax burden on individuals and businesses that rely on such property 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 amendment, which is designed to provide financial relief and encourage economic activity related to income-producing tangible personal property.