On May 22, 2025, the Texas House and Senate submitted a proposed Texas Constitutional Amendment, SJR 2, to the Texas Secretary of State for approval by Texas voters along with Governor Abbott signing its enabling legislation, SB 4, on June 16, 2025. If approved by the voters, the amendment will increase the residential homestead exemption for school district property taxes from $100,000 to $140,000, which will reduce homeowners’ property taxes. A majority of Texas voters must vote for it to pass with the vote scheduled for November 4, 2025. If passed, SJR 2 will be retroactive for 2025 property taxes, meaning that Texans with a residence homestead exemption will obtain this benefit for this year’s taxes. The proposed amendment is expected to pass.
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