Texas Voters Approve 13 of 14 Constitutional Amendments Including Tax Reforms and Infrastructure Spending, Reject Later Retirement for Judges

Voters greenlight wealth tax ban, property tax reforms, billions in infrastructure funding and pension increases for retired teachers, while denying amendment raising retirement age for state judges.

• Texan voters have approved 13 out of 14 constitutional amendments, with the rejection of Proposition 13, which sought to increase retirement age for state judges.
• Significant tax changes approved include the permanent banning of a wealth tax (Proposition 3), substantive property tax reforms such as increasing the state's homestead exemption to $100,000 (Proposition 4), and a cost-of-living adjustment to boost the pensions of retired teachers (Proposition 9).
• Voters also approved amendments to initiate four new billion-dollar funds towards infrastructure development, exemplified by the Texas Water Fund, Texas Energy Fund, a broadband infrastructure fund, and the Centennial Parks Conservation Fund (Propositions 6, 7, 8, and 14 respectively).
• More rights and funding were given to farming, ranching, and the university sector, with approval of Propositions 1 and 5, respectively; the latter will provide additional funding to several Texan universities from the state's Rainy Day Fund.
• Additional approved amendments include tax exemptions for medical or biomedical manufacturers (Proposition 10), permission for certain districts in El Paso County to issue bonds and increase property taxes (Proposition 11), and the abolition of the Galveston County Office of the Treasurer (Proposition 12).

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