Relating to an exemption from ad valorem taxation of the portion of the appraised value of a person's property attributable to the implementation on the property of water conservation initiatives, desalination projects, or brush control initiatives.
Impact
If passed, the bill would amend Section 11.32 of the Tax Code to establish standards for determining eligibility for exemption based on the implementation of the stated initiatives. The comptroller would develop these standards, potentially requiring minimum capacities for rainwater harvesting systems or specific areas for brush control measures. This legislative change emphasizes the state's commitment to promoting sustainable water management practices among property owners and aiming for ecological benefit.
Summary
House Bill 225 aims to provide an exemption from ad valorem taxation for portions of property value attributed to water conservation initiatives, desalination projects, and brush control measures. This legislation is intended to incentivize property owners to implement sustainable practices that enhance water conservation efforts. The bill recognizes various definitions, including rainwater harvesting, desalination, and brush control as initiatives eligible for this tax exemption. These efforts are seen as essential contributions to managing and preserving water resources in Texas.
Contention
While the bill presents an opportunity for tax relief linked to environmentally responsible practices, there could be contention surrounding the requirements needed to qualify for these exemptions. Critics may argue that the parameters set by the comptroller could be too strict or complex for average property owners to navigate, thus limiting participation in the program. Additionally, the impact on local tax revenues as properties become exempt should be considered, particularly in how it affects public funding for essential services.
Duplicate
Relating to an exemption from ad valorem taxation of the portion of the appraised value of a person's property attributable to the implementation on the property of water conservation initiatives, desalination projects, or brush control initiatives.
TX HJR25
Enabling for
Proposing a constitutional amendment to authorize the legislature by general law to exempt from ad valorem taxes the portion of the assessed value of property attributable to the implementation on the property of a water conservation initiative, desalination project, or brush control initiative.
Relating to the exemption from ad valorem taxation of certain assets used for agricultural production and to the authority of a county commissioners court to adopt an exemption from ad valorem taxation by each taxing unit that taxes the property of the portion of the appraised value of a person's property that is attributable to the installation in or on the property of certain water conservation systems.
Relating to the authority of a county commissioners court to adopt an exemption from ad valorem taxation by each taxing unit that taxes the property of the portion of the appraised value of a person's property that is attributable to the installation in or on the property of certain water conservation systems.
Relating to the authority of a county commissioners court to adopt an exemption from ad valorem taxation by each taxing unit that taxes the property of the portion of the appraised value of a person's property that is attributable to the installation in or on the property of certain water conservation systems.
Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property a person owns that is held or used for the production of income.
Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income and a franchise tax credit for the payment of certain related ad valorem taxes.
Relating to a local option exemption from ad valorem taxation by a county or municipality of all or part of the appraised value of real property used to operate a child-care facility.
Relating to a local option exemption from ad valorem taxation by a county or municipality of all or part of the appraised value of real property used to operate a child-care facility.
Relating to an exemption from ad valorem taxation of the amount of the appraised value of real property that arises from the installation in the property of certain energy efficiency-related improvements.