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| 1 | 1 | By: Coleman H.J.R. No. 141 | |
| 2 | 2 | ||
| 3 | 3 | ||
| 4 | 4 | A JOINT RESOLUTION | |
| 5 | 5 | proposing a constitutional amendment to provide property tax | |
| 6 | 6 | abatement for home and business owners who install solar panels on | |
| 7 | 7 | their homes or businesses. | |
| 8 | 8 | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 9 | 9 | SECTION 1-c, Article VIII of the Texas Constitution is added. | |
| 10 | 10 | This proposed constitutional amendment shall be submitted to the | |
| 11 | 11 | voters at an election to be held November 3, 2009. The ballot shall | |
| 12 | 12 | be printed to permit [or "provide for"] voting for or against the | |
| 13 | 13 | proposition: " The constitutional amendment shall allow the | |
| 14 | 14 | legislature by general law to exempt property from ad valorem | |
| 15 | 15 | taxation and business franchise taxes in the amount necessary to | |
| 16 | 16 | pay for the installation of solar panels on said property. This tax | |
| 17 | 17 | credit may be claimed until such purchase and installation costs | |
| 18 | 18 | are extinguished or for a period no longer than five years from the | |
| 19 | 19 | date the exemption is first claimed whichever comes first. Any | |
| 20 | 20 | increase in appraised property value which arises as a result of the | |
| 21 | 21 | installation or construction of such panels on the home or business | |
| 22 | 22 | shall not be included for the purposes of determining the taxable | |
| 23 | 23 | value of that property for five years after the exemption is first | |
| 24 | 24 | claimed." |