| 1 | 1 | | 81R3546 SMH-D |
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| 2 | 2 | | By: Strama H.B. No. 880 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the exemption from ad valorem taxation of certain |
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| 8 | 8 | | energy efficiency-related improvements to real or personal |
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| 9 | 9 | | property. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Subchapter B, Chapter 11, Tax Code, is amended by |
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| 12 | 12 | | adding Section 11.34 to read as follows: |
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| 13 | 13 | | Sec. 11.34. ENERGY EFFICIENCY-RELATED IMPROVEMENTS TO |
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| 14 | 14 | | PROPERTY. (a) A person is entitled to an exemption from taxation of |
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| 15 | 15 | | the amount of the appraised value of real or personal property owned |
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| 16 | 16 | | by the person that arises from the installation of an energy |
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| 17 | 17 | | efficiency-related improvement that is permanently attached to or |
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| 18 | 18 | | incorporated in the property. |
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| 19 | 19 | | (b) The comptroller, with the assistance of the State Energy |
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| 20 | 20 | | Conservation Office or its successor, shall develop guidelines to |
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| 21 | 21 | | assist local officials in the administration of this section. |
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| 22 | 22 | | SECTION 2. As soon as practicable after the effective date |
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| 23 | 23 | | of this Act, the comptroller, with the assistance of the State |
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| 24 | 24 | | Energy Conservation Office, shall develop the guidelines required |
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| 25 | 25 | | by Section 11.34, Tax Code, as added by this Act. |
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| 26 | 26 | | SECTION 3. This Act takes effect January 1, 2010, but only |
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| 27 | 27 | | if the constitutional amendment to authorize the legislature to |
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| 28 | 28 | | exempt from ad valorem taxation certain energy efficiency-related |
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| 29 | 29 | | improvements to real or personal property is approved by the |
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| 30 | 30 | | voters. If that amendment is not approved by the voters, this Act |
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| 31 | 31 | | has no effect. |
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