Support These Propositions on the Ballot That Affect You and Your Clients

Passing Propositions 13 and 11 this November will reduce taxes for millions of Texans. Thanks in large part to advocacy efforts by Texas REALTORS® during the 89th Texas Legislature, voters have an opportunity to pass significant property tax relief for homeowners.

Proposition 13 would raise the homestead property tax exemption from $100,000 to $140,000, and Proposition 11 would increase the homestead exemption for elderly and disabled individuals from $10,000 to $60,000.

Tell everyone you know to join Texas REALTORS® in voting yes to lower property taxes. You can use the Share This flier.

Texas REALTORS® endorses Seven other ballot propositions.

• Proposition 1 establishes funds for the state technical college system to help meet the demand for skilled workers in key sectors. This means more Texans earning good-paying jobs—opening the door to mortgage qualification, homeownership, and stronger local housing markets.
• Proposition 2 prohibits capital gains taxes on individuals, estates, and trusts, as well as the franchise tax on business trusts. This proposition would further signal the state’s commitment to a favorable tax environment.
• Proposition 4 allocates $1 billion in sales tax revenue annually to the Texas Water Fund to help pay for water infrastructure projects. Securing this revenue stream now prepares Texas for future growth.
• Proposition 8 prohibits estate taxes and new taxes on estate transfers, inheritances, and gifts. This means families can keep their homes, farms, and small businesses without having to sell to pay a government bill.
• Proposition 9 increases the tax exemption—from a $2,500 to $125,000—on business personal property, such as furniture and computers. This could save your business hundreds of dollars annually and eliminate administrative burdens.
• Proposition 10 allows a property tax exemption for property destroyed by fire, giving temporary relief so Texans can rebuild their lives.
• Proposition 17 allows a property tax exemption for property owners who volunteer their land for border security projects.

Learn more about all 17 ballot propositions at texasrealtorssupport.com. Then mark your calendars: Early voting takes place October 20-31, and Election Day is Tuesday, November 4. Together, REALTORS® can make a difference!