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Proposition 9 – HJR 1 – Explained in ASL
“The constitutional amendment to authorize the legislature to exempt from ad valorem taxation a portion of the market value of tangible personal property a person owns that is held or used for the production of income.”
Visual Description: A man is seated at a wooden table against a plain off-white background. He has light brown skin, a bald head, and a neatly trimmed beard. He is wearing clear-framed glasses, a black short-sleeve shirt, and a black smartwatch on his left wrist.
Context: Lets lawmakers exempt up to one hundred twenty five thousand dollars of value in tangible personal property used for income such as small business equipment, tools, or machinery from property taxes. Votes yes means businesses avoid paying property taxes on the first one hundred twenty five thousand dollars of such property. Votes no means all property remains taxable under current rules.
For More Information: https://ballotpedia.org/Texas_Proposition_9,_Authorize_$125,000_Tax_Exemption_for_Tangible_Property_Used_for_Income_Production_Amendment_(2025)