The resolution, proposed by Muoz as H.J.R. No. 32, seeks to amend the Texas Constitution to abolish ad valorem taxes on real and personal property, effective January 1, 2031. It stipulates that no political subdivision in Texas may impose such taxes for any purpose after this date. Additionally, the resolution includes a provision that the state will assume full responsibility for repaying all bonds issued by school districts before November 4, 2025, which are secured by revenue from ad valorem taxes imposed prior to the 2031 deadline. The Legislature is tasked with enacting laws to implement this provision.

The proposed amendment will be presented to voters in an election scheduled for November 4, 2025. The ballot will allow voters to express their support or opposition to the constitutional amendment aimed at abolishing ad valorem taxes.