The resolution, proposed by Harrison as H.J.R. No. 14, 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 that are secured by ad valorem tax revenue, provided these bonds were issued before November 4, 2025.
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 change, which aims to eliminate ad valorem taxes in Texas. The resolution emphasizes the need for the legislature to enact laws to facilitate the implementation of the state’s responsibility for bond repayment.