Proposing a constitutional amendment to authorize the legislature to make permanent the limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.

HJR 29 proposes a constitutional amendment to make permanent a current limit on the appraised value used to calculate property taxes for non-homestead real estate (such as rental properties, commercial buildings, or second homes) in Texas. It repeals Section 1(n-1) of Article VIII of the Texas Constitution, which currently sets a temporary cap on these appraisals. If approved by voters in the May 2, 2026 election, this change would eliminate the need for the legislature to periodically renew this limit. The bill directly affects property owners of non-primary residences subject to ad valorem (property) taxes.