81R3546 SMH-D
By: Strama H.B. No. 880
A BILL TO BE ENTITLED
AN ACT
relating to the exemption from ad valorem taxation of certain
energy efficiency-related improvements to real or personal
property.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter B, Chapter 11, Tax Code, is amended by
adding Section 11.34 to read as follows:
Sec. 11.34. ENERGY EFFICIENCY-RELATED IMPROVEMENTS TO
PROPERTY. (a) A person is entitled to an exemption from taxation of
the amount of the appraised value of real or personal property owned
by the person that arises from the installation of an energy
efficiency-related improvement that is permanently attached to or
incorporated in the property.
(b) The comptroller, with the assistance of the State Energy
Conservation Office or its successor, shall develop guidelines to
assist local officials in the administration of this section.
SECTION 2. As soon as practicable after the effective date
of this Act, the comptroller, with the assistance of the State
Energy Conservation Office, shall develop the guidelines required
by Section 11.34, Tax Code, as added by this Act.
SECTION 3. This Act takes effect January 1, 2010, but only
if the constitutional amendment to authorize the legislature to
exempt from ad valorem taxation certain energy efficiency-related
improvements to real or personal property is approved by the
voters. If that amendment is not approved by the voters, this Act
has no effect.