Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation certain perishable inventory held for sale at retail.

HJR 174 proposes a constitutional amendment to allow Texas lawmakers to exempt certain perishable retail inventory from property taxes. If approved by voters, it would permit the legislature to create a law exempting items like fresh food, medicine (including prescription drugs, nonprescription drugs, and dietary supplements), and other perishable goods held for retail sale from ad valorem taxation. The amendment requires voter approval in the November 2025 election and would not immediately change current tax laws. It directly affects retailers selling these perishable items by potentially reducing their property tax burden.