Monitoring the Session

SJR 18

Proposing a constitutional amendment prohibiting the imposition of a tax on the realized or unrealized capital gains of an individual, family, estate, or trust.

Passed, sent to the voters

Verdict: not graded

Not graded. The reader grades bills, not resolutions.

Sen. Charles PerryRSenate 28
Caption

Proposing a constitutional amendment prohibiting the imposition of a tax on the realized or unrealized capital gains of an individual, family, estate, or trust.

Caption from the bill history · Enrolled.

Summary

Not graded. The reader grades bills, not resolutions.

Receipt

The receipt

89R-SJR18 · 2024-11-12

SOLD BY

Sen. Charles PerryRSenate 28

+ 6 coauthors

ITEM

Proposing a constitutional amendment prohibiting the imposition of a tax on the realized or unrealized capital gains of an individual, family, estate, or trust.

WHAT IT DOES

Not graded. The reader grades bills, not resolutions.

CHARGES

Not graded

TOTAL

Net to General Revenue · FY 2026($191,689)

LBB estimate, flow · fiscal note version F · ( ) = negative · source

Sources

Fiscal note · version F · April 30, 2025

Estimated Two-year Net Impact to General Revenue Related Funds for SJR18, As Passed 2nd House: a negative impact of ($191,689) through the biennium ending August 31, 2027. Additionally, the bill will have a direct impact of a revenue loss to the Property Tax Relief Fund of ($304,000) for the 2026-27 biennium. Any loss to the Property Tax Relief Fund must be made up with an equal amount of General Revenue to fund the Foundation School Program.

First year · FY 2026 · ($191,689)

Probable Net Positive/(Negative) Impact to General Revenue Related Funds

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

HISTORY

  1. Received by the Secretary of the Senate
  2. Filed
  3. Read first time
  4. Referred to Finance
  5. Scheduled for public hearing on . . .
  6. Considered in public hearing
  7. Vote taken in committee
  8. Reported favorably w/o amendments
  9. Committee report printed and distributed
  10. Co-author authorized
  11. Placed on intent calendar
  12. Co-author authorized
  13. Rules suspended-Regular order of business
  14. Record vote
  15. Read 2nd time
  16. Amendment(s) offered FA1 Perry
  17. Amended
  18. Vote recorded in Journal
  19. Passed to engrossment as amended
  20. Record vote
  21. Three day rule suspended
  22. Record vote
  23. Read 3rd time
  24. Passed
  25. Record vote
  26. Reported engrossed
  27. Received from the Senate
  28. Read first time
  29. Referred to Ways & Means
  30. Considered in formal meeting
  31. Reported favorably w/o amendment(s)
  32. Comte report filed with Committee Coordinator
  33. Committee report distributed
  34. Committee report sent to Calendars
  35. Considered in Calendars
  36. Laid out in lieu of companion HJR 6
  37. Read 2nd time
  38. Amendment(s) offered 1-Capriglione
  39. Point of order withdrawn (amendment) Rule 11, Section 2
  40. Amendment withdrawn 1-Capriglione
  41. Postponed 4/28/25 1:00 pm
  42. Laid out as postponed business
  43. Amended 2-Capriglione
  44. Record vote RV#627
  45. Statement(s) of vote recorded in Journal
  46. Adopted as amended
  47. Record vote RV#628
  48. Statement(s) of vote recorded in Journal
  49. House passage as amended reported
  50. Co-author authorized
  51. House amendment(s) laid before the Senate
  52. Read
  53. Senate concurs in House amendment(s)
  54. Record vote
  55. Senate concurs in House amendment(s)-reported
  56. Reported enrolled
  57. Signed in the Senate
  58. Signed in the House
  59. Filed with the Secretary of State
FILED UNDER

Not graded

SIGNED FOR BY

House · 104 yea · 26 nay

Senate · 24 yea · 6 nay

Sources

House: Adoption · Apr 28, 2025. Journal. Published stock for this vote. Snapshot 2026-10-19, Central time.

Senate: Final passage · Mar 18, 2025. Journal. Published stock for this vote. Snapshot 2026-10-19, Central time.

All floor motions and other positions below.

Not graded

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

CAMPAIGN PAID FOR BY

Charles Perry

Donors

Texans for Lawsuit Reform PAC$60KRyan Texas PAC$35KFort Stockton Holdings LP$25K

Not tied to this bill.

Sources

The author's campaign account only. Own money and internal transfers are separate on the member page.

Derived itemized flow · Jul 1, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Texans for Lawsuit Reform PAC$60,000.00

Texans for Lawsuit Reform PAC

$60,000.00

Cash
$60,000.00
Paid by others
$0.00
Total
$60,000.00

Also funds 124 other sitting lawmakers.

Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Nov 13, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 100983698, 101007598, 101030579, 101072377.

Ryan Texas PAC$35,000.00

Ryan Texas PAC

$35,000.00

Cash
$35,000.00
Paid by others
$0.00
Total
$35,000.00

Also funds 25 other sitting lawmakers.

Derived recipient stock · Sep 23, 2024 to Oct 22, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Dec 13, 2024 to Mar 12, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 100983698, 101057700.

Fort Stockton Holdings LP$25,000.00

Fort Stockton Holdings LP

$25,000.00

Cash
$25,000.00
Paid by others
$0.00
Total
$25,000.00

Also funds 0 other sitting lawmakers.

Derived recipient stock · on Nov 23, 2024. State data as of Nov 4, 2026.

Name match, not a verified identity: normalized filed name and state.

Sources

Derived itemized flow · on Nov 23, 2024. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 100983698.

Money

Missing data does not establish zero giving. Display amounts are rounded.

×

Texans for Lawsuit Reform PAC

$60,000.00

Cash
$60,000.00
Paid by others
$0.00
Total
$60,000.00

Also funds 124 other sitting lawmakers.

Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Nov 13, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 100983698, 101007598, 101030579, 101072377.

×

Ryan Texas PAC

$35,000.00

Cash
$35,000.00
Paid by others
$0.00
Total
$35,000.00

Also funds 25 other sitting lawmakers.

Derived recipient stock · Sep 23, 2024 to Oct 22, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Dec 13, 2024 to Mar 12, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 100983698, 101057700.

×

Fort Stockton Holdings LP

$25,000.00

Cash
$25,000.00
Paid by others
$0.00
Total
$25,000.00

Also funds 0 other sitting lawmakers.

Derived recipient stock · on Nov 23, 2024. State data as of Nov 4, 2026.

Name match, not a verified identity: normalized filed name and state.

Sources

Derived itemized flow · on Nov 23, 2024. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 100983698.

Votes8

Senate May 5, 2025

Yea
25
Nay
6
Present, not voting
Not printed
Absent
0
Excused
0
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

Senator Perry moved to concur in the House amendment to SJR 18. The motion prevailed by the following vote: Yeas 25, Nays 6.

Published stock of positions for this vote, except where marked derived.

  • Yea: 25 (published)
  • Nay: 6 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 0 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

House Apr 28, 2025

Adoption

Yea
104
Nay
26
Present, not voting
11
Absent
8
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

House journal

Sources

Record 628

SJR 18, as amended, was adopted by (Record 628): 104 Yeas, 26 Nays, 11 Present, not voting.

Published stock of positions for this vote, except where marked derived.

  • Yea: 104 (published)
  • Nay: 26 (published)
  • Present, not voting: 11 (published)
  • Absent: 8 (derived from named list)
  • Excused: 1 (derived from named list)

House journal. Source snapshot 2026-10-19, Central time.

House Apr 28, 2025

Yea
118
Nay
13
Present, not voting
11
Absent
7
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

House journal

Sources

Record 627

Amendment No. 2 was adopted by (Record 627): 118 Yeas, 13 Nays, 11 Present, not voting.

Published stock of positions for this vote, except where marked derived.

  • Yea: 118 (published)
  • Nay: 13 (published)
  • Present, not voting: 11 (published)
  • Absent: 7 (derived from named list)
  • Excused: 1 (derived from named list)

House journal. Source snapshot 2026-10-19, Central time.

Senate Mar 18, 2025

Yea
24
Nay
6
Present, not voting
Not printed
Absent
0
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

The resolution was read third time and was passed by the following vote: Yeas 24, Nays 6. (Same as previous roll call)

Published stock of positions for this vote, except where marked derived.

  • Yea: 24 (published)
  • Nay: 6 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 1 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate Mar 18, 2025

Yea
24
Nay
6
Present, not voting
Not printed
Absent
0
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

Senator Perry moved that Senate Rule 7.18 and the Constitutional Rule requiring bills to be read on three several days be suspended and that SJR 18 be placed on its third reading and final passage. The motion prevailed by the following vote: Yeas 24, Nays 6.

Published stock of positions for this vote, except where marked derived.

  • Yea: 24 (published)
  • Nay: 6 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 1 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate Mar 18, 2025

Yea
24
Nay
6
Present, not voting
Not printed
Absent
0
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

SJR 18 as amended was passed to engrossment by the following vote: Yeas 24, Nays 6.

Published stock of positions for this vote, except where marked derived.

  • Yea: 24 (published)
  • Nay: 6 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 1 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate Mar 18, 2025

Adoption without objection

Yea
Not printed
Nay
Not printed
Present, not voting
Not printed
Absent
Not printed
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Names were not printed for yea. Only the named positions are included in member records.

Adopted without objection. No numeric tally or individual yeas are inferred.

Sources

The amendment to SJR 18 was read and was adopted without objection.

Published stock of positions for this vote, except where marked derived.

  • Yea: Not printed
  • Nay: Not printed
  • Present, not voting: Not printed
  • Absent: Not printed
  • Excused: 1 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate Mar 18, 2025

Yea
24
Nay
6
Present, not voting
Not printed
Absent
0
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Sources

Senator Perry moved to suspend the regular order of business to take up for consideration SJR 18 at this time on its second reading: SJR 18, Proposing a constitutional amendment prohibiting the imposition of a tax on the realized or unrealized capital gains of an individual, family, estate, or trust. The motion prevailed by the following vote: Yeas 24, Nays 6.

Published stock of positions for this vote, except where marked derived.

  • Yea: 24 (published)
  • Nay: 6 (published)
  • Present, not voting: Not printed
  • Absent: 0 (derived from named list)
  • Excused: 1 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Witnesses1
For
1
Against
0
On
0
Names

For

  • Texas Farm Bureau1 registration
Sources

1 parsed registrations across the loaded witness lists.

Derived stock of witness registrations. Repeated appearances count separately. Organizations and self-representation appear as printed.

Senate witness list. Source snapshot 2026-10-20, Central time.

Fiscal
Net to General Revenue · FY 2026($191,689)

LBB estimate, flow · fiscal note version F · ( ) = negative · source

Sources

Fiscal note · version F · April 30, 2025

Estimated Two-year Net Impact to General Revenue Related Funds for SJR18, As Passed 2nd House: a negative impact of ($191,689) through the biennium ending August 31, 2027. Additionally, the bill will have a direct impact of a revenue loss to the Property Tax Relief Fund of ($304,000) for the 2026-27 biennium. Any loss to the Property Tax Relief Fund must be made up with an equal amount of General Revenue to fund the Foundation School Program.

First year · FY 2026 · ($191,689)

Probable Net Positive/(Negative) Impact to General Revenue Related Funds

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

Sources

Texas Senate · Filed Nov 12, 2024

05/07/2025 E Filed with the Secretary of State

Texas Legislature Online · Introduced · Senate Committee Report · Engrossed · House Committee Report · Enrolled

Data snapshot Oct 21, 2026 at 6:45 PM CDT. Grades, charges, quotes and corrections follow the published record.

Coauthors
Paul BettencourtRSenate 7 Brian BirdwellRSenate 22 Brandon CreightonRSenate 4 Lois KolkhorstRSenate 18 Mayes MiddletonRSenate 11 Charles SchwertnerRSenate 5
Sponsors
Giovanni CapriglioneRHouse 98 Will MetcalfRHouse 16

House committee · Ways & Means · Committee vote 8 aye, 4 nay, 1 absent · Out of committee

Senate committee · Finance · Committee vote 14 aye, 1 nay · Out of committee

Companion

HJR 6 by Capriglione (identical)

Subjects

Resolutions--Constitutional Amendments

Taxation--Inheritance