H.J.R. No. 132 A JOINT RESOLUTION proposing a constitutional amendment prohibiting the imposition of an individual net worth or wealth tax. BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Article VIII, Texas Constitution, is amended by adding Section 25 to read as follows: Sec. 25. The legislature may not impose a tax based on the wealth or net worth of an individual or family, including a tax based on the difference between the assets and liabilities of an individual or family. SECTION 2. This proposed constitutional amendment shall be submitted to the voters at an election to be held November 7, 2023. The ballot shall be printed to permit voting for or against the proposition:"The constitutional amendment prohibiting the imposition of an individual wealth or net worth tax, including a tax on the difference between the assets and liabilities of an individual or family." ______________________________ ______________________________ President of the Senate Speaker of the House I certify that H.J.R. No. 132 was passed by the House on May 2, 2023, by the following vote: Yeas 101, Nays 45, 0 present, not voting. ______________________________ Chief Clerk of the House I certify that H.J.R. No. 132 was passed by the Senate on May 19, 2023, by the following vote: Yeas 22, Nays 9. ______________________________ Secretary of the Senate RECEIVED: _____________________ Date _____________________ Secretary of State