Proposing a constitutional amendment dedicating certain general revenue that would otherwise be transferred to the economic stabilization fund to reducing school district maintenance and operations ad valorem taxes.

HJR 57 proposes a constitutional amendment to redirect certain general revenue that would normally fund Texas' economic stabilization reserve toward reducing school property taxes. Specifically, when the comptroller reduces transfers to that reserve (to avoid exceeding limits), the redirected funds must instead be sent to a property tax relief fund. This fund can only be used to lower school district maintenance and operations property taxes, directly affecting school districts and homeowners. The amendment requires voter approval in November 2025 and would take effect January 2026, with a temporary provision expiring in 2027.