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

This bill (SJR 78) proposes a constitutional amendment to allow the Texas legislature to pass laws exempting certain perishable retail inventory from property taxes. It would directly affect retailers selling perishable goods like fresh food, prescription drugs, nonprescription drugs, and dietary supplements held for sale. If approved by voters in 2025, the amendment would enable the legislature to define "perishable inventory" and create tax exemptions for these items through general law. The measure does not change current tax rules but would provide a constitutional basis for future legislative action on this issue.