Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation tangible personal property consisting of animal feed held by the owner of the property for sale at retail.

HJR 99 proposes a constitutional amendment to authorize Texas lawmakers to exempt animal feed held by businesses for retail sale from ad valorem property taxes. If approved by voters, this would allow the legislature to create a specific tax exemption for tangible personal property (physical animal feed) owned by sellers for resale. The amendment requires voter approval in the November 2025 election and does not automatically create the exemption - future legislation would need to implement it. This directly affects feed retailers and agricultural businesses that hold animal feed inventory for sale.