Proposing a constitutional amendment to abolish ad valorem taxes.

HJR 142 proposes a constitutional amendment to ban ad valorem taxes (taxes based on property value) imposed by Texas cities, counties, and other local governments after January 1, 2030. The amendment would allow limited exceptions only for property taxes needed to repay bonds issued before 2030 that were secured by those taxes. It requires Texas voters to approve this change in a November 2025 election. If passed, this would fundamentally alter how local governments fund services by eliminating their primary revenue source for most purposes. The amendment does not affect existing tax obligations or bonds already issued.