Proposing a constitutional amendment to authorize the legislature to set a lower limit on the maximum appraised value of a residence homestead for ad valorem taxation.

HJR 36 proposes a constitutional amendment that would allow the Texas legislature to set a lower annual cap on how much a primary residence's taxable value can increase for property tax purposes. Currently, homestead exemptions limit annual increases to 10% of the previous year's value, but this bill would let lawmakers set a lower limit (e.g., 105% instead of 110% of prior value) or a fixed percentage. If approved by voters in November 2025, it would directly affect homeowners who qualify for homestead exemptions by potentially reducing their annual property tax increases. The amendment would expire when the original owner or their spouse no longer qualifies for the exemption.