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  89R12399 CJC-D     By: Dean H.J.R. No. 153       A JOINT RESOLUTION   proposing a constitutional amendment to authorize the legislature   to provide for a reduction of the appraised value of a residence   homestead for ad valorem tax purposes for the first tax year in   which the owner qualifies the property for a residence homestead   exemption based on the amount by which the limitation on increases   in the appraised value of a residence homestead reduced the   appraised value of the owner's former residence homestead for the   last tax year in which the owner qualified the former residence   homestead for a residence homestead exemption.          BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 1, Article VIII, Texas Constitution, is   amended by adding Subsection (i-1) to read as follows:           (i-1)     The Legislature by general law may provide that the   owner of a residence homestead who receives a limitation on   increases in the appraised value of the residence homestead under   Subsection (i) of this section and who subsequently qualifies a   different property as the owner's residence homestead is entitled   to a reduction in the appraised value of the subsequently qualified   residence homestead for the first tax year in which the owner   qualifies the subsequently qualified homestead for a residence   homestead exemption in an amount equal to all or part of the amount   by which the limitation provided by Subsection (i) of this section   reduced the appraised value of the owner's former residence   homestead for the last tax year in which the owner qualified the   former residence homestead for a residence homestead exemption. A   general law enacted under this subsection may prescribe a limit on   the dollar amount of the reduction an owner may receive under this   subsection.          SECTION 2.  This proposed constitutional amendment shall be   submitted to the voters at an election to be held November 4, 2025.   The ballot shall be printed to permit voting for or against the   proposition: "The constitutional amendment to authorize the   legislature to provide for a reduction of the appraised value of a   residence homestead for ad valorem tax purposes for the first tax   year in which the owner qualifies the property for a residence   homestead exemption based on the amount by which the limitation on   increases in the appraised value of a residence homestead reduced   the appraised value of the owner's former residence homestead for   the last tax year in which the owner qualified the former residence   homestead for a residence homestead exemption."