Prop 10 - November 7, 2023 Constitutional Amendment Election 

On November 7th, there will be an election covering several proposed changes to the Texas Constitution.
One of these proposed changes is Proposition 10. Proposition 10 would remove property taxes on equipment or inventory belonging to manufacturers of medical or biomedical products. Texas is one of only a few states that applies a property tax on the equipment and inventory of medical and biomedical companies. In Texas, property taxes pay for local government services such as police, firefighters, libraries, and public education. Property tax on other property of medical and biomedical companies will remain.