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52Nov 3 election

Proposition 2: Prohibit Capital Gains Tax on Individuals, Estates, and Trusts Amendment

Passed with 65.7% yes.

Proposition 2 · Legislative referral · Texas, November 4, 2025

Yes
1,952,360
65.7%. The passing rule is not on file.
No
1,021,001
34.3%
  1. Qualified (Done)

    Sent by the legislature

  2. On the ballot (Done)

    Proposition 2

  3. Election day (Done)

    November 4, 2025

  4. Passed (Done)

    65.7% yes

What a yes vote does

Amend the state constitution to prohibit the state legislature from enacting a tax on realized or unrealized capital gains of an individual, family, estate, or trust, including a tax on the sale or transfer of a capital asset.

What moved

How it got on the ballot

The legislature put it before voters.

In the news

Reporting that may mention this subject. Possible matches are labeled.

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