HJR 35 by Rep. Bohac (R-Houston) limits appraised value increases on all real property – not just residences – to 5 percent. Currently, increases are capped at 10%. Here is a copy of HJR 35 in its current form: Download hjr_35.doc
Some groups have expressed significant opposition to the bill. You can download a summary of the pros and cons voiced at the bill’s committee hearing here: Download hjr_35_analysis.pdf
Rep. Bohac means business – has launched an entire website devoted to his bill.
By all appearances, HJR seems to be on a fast track to the a floor vote. As it’s a constitutional amendment, though, 2/3 approval is required for final passage.
Appraisal values are important issues to many Texas – what do you think about HJR 35? Click on the COMMENTS link below to weigh in on this debate.