Proposing a constitutional amendment authorizing the legislature to limit the total amount of ad valorem taxes that a school district may impose on certain residence homesteads following a substantial school tax increase.

HJR 68 proposes a constitutional amendment to limit school district property taxes on primary homes. It would allow the Texas legislature to cap annual school taxes on a residence homestead if the property qualified as a primary home for 15 consecutive years and school taxes on it increased by at least 120% during that period. The cap would prevent future tax increases above the level paid in the 15th year, though taxes could rise if the home's value increased due to qualifying improvements (like new construction, not repairs). This would apply to homeowners and their surviving spouses, with the amendment requiring voter approval in the 2025 election.