All 17 proposed amendments to the Texas Constitution that were on the Nov. 4, 2025, ballot—which are the result of legislation the Texas Legislature passed earlier this year—have passed. Most of the propositions on the ballot relate to tax cuts and exemptions, making this election one of the most tax centered in the history of the state. This GT Alert highlights the business and tax related propositions.
Tax Exemptions
- Proposition 2: bans capital gains tax in the state.
- Proposition 6: will prohibit taxation of certain securities (e., taxes on financial service providers like stock exchanges and broker dealers).
- Proposition 8: bans inheritance taxes in the state.
- Proposition 5: creates exemptions to lower livestock feed prices for retail sales.
Property Tax Amendments
- Proposition 13: increases the school tax exemption for residential homesteads from $100,000 to $140,000.
- Proposition 11: will increase this exemption by an additional $60,000 for senior citizens and those suffering from certain disabilities.
- Proposition 7: allows for an ad valorem taxation exemption for surviving spouses of veterans who passed away as a result of a condition or disease connected to their service.
- Proposition 9: will increase the inventory and equipment tax exemption for businesses from $2,500 to $125,000.
- Proposition 10: will allow homeowners whose homes were destroyed by fire an additional exemption.
- Proposition 17: will provide exemptions from taxation on certain real property located in counties that border Mexico and have border security infrastructure installed.
Other Propositions that Approved Funding for Important Initiatives
- Proposition 1: creates the permanent technical institution infrastructure fund and the available workforce education fund to support the Texas State Technical College.
- Proposition 4: directs$1 billion annually for 20 years to the development and maintenance of infrastructure related to Texas' water supply.
- Proposition 14: dedicates $3 billion over 10 years for research to prevent and treat dementia, Alzheimer's, Parkinson's, and related disorders.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
