Voters would decide whether the legislature can cap property appraisals
What it does
The resolution would put a constitutional amendment on the ballot that lets the legislature limit the highest appraised value used for property taxes. For a residence homestead, the limit would be the lesser of the most recent market value as found by the appraisal entity or 102.5 percent of the appraised value for the preceding tax year, and the text replaces the 110 percent figure shown in brackets. For real property other than a homestead, the limit would be the lesser of the most recent market value or 108 percent of the preceding year's appraised value, and the general law could add eligibility requirements. The limits would continue after a change of ownership when the owner or a predecessor in title kept qualifying.
What it means for your community
If you own a home, run a business, or rent an apartment, the limits would cap how much the appraised value used for property taxes can rise from one year to the next. Renters would feel the effect through what landlords pay in taxes and pass along in rent. The amendment would only give lawmakers permission, so a general law would still be needed before any limit applies. The measure would go to voters on November 2, 2027.
Have an opinion on HJR 35?
Your lawmaker's office counts calls. Find yours and call in under a minute.
Call your lawmaker about HJR 35Free weekly email
Get the Tuesday email
One short, plain-English recap of what the Legislature did last week. Free. Unsubscribe anytime.
We describe legislation. We do not endorse or oppose it. If you spot an error, tell us and we will correct it.