TX
Texas House Bill HJR141

Texas 2009 - 81st Regular

Texas House Bill HJR141

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Sent toSOS
 
Proposed Const. Amend.
 

Caption

Proposing a constitutional amendment to provide property tax abatement for home and business owners who install solar panels on their homes or businesses.

Impact

The proposed amendment seeks to encourage renewable energy adoption by reducing the financial barriers to installing solar panels, thereby promoting environmental sustainability. By exempting increased appraised property values that result from solar panel installations from taxation for a five-year duration, the bill aims to offer significant cost savings for both residential and commercial property owners. This could lead to higher participation rates in solar energy projects across Texas, aligning with broader energy policy goals.

Summary

HJR141 proposes a constitutional amendment aimed at providing property tax abatement for homeowners and business owners who choose to install solar panels. The resolution allows for the exemption of property from ad valorem taxes and business franchise taxes equivalent to the installation costs of solar panels. This tax incentive is structured to last until the costs of installation are fully paid off or for a maximum of five years from the initial claim of exemption, whichever period comes first.

Contention

While proponents argue that HJR141 could stimulate the green energy sector and benefit property owners financially, there are potential concerns regarding the long-term impact on state tax revenues. Critics may view the bill as a shift in the tax burden that could disadvantage other sectors or lead to a reduction in funding for essential state services reliant on property taxes. The discussions surrounding the bill may reflect broader debates on tax policy, renewable energy initiatives, and their implications for local economies.

Companion Bills

No companion bills found.

Previously Filed As

TX HJR29

Proposing a constitutional amendment providing that a residence homestead is not subject to seizure or sale for delinquent ad valorem taxes.

TX SJR38

Proposing a constitutional amendment to authorize the legislature to provide for the continuation of a limitation on the maximum appraised value of a residence homestead for ad valorem tax purposes if the property is acquired by and qualifies as the homestead of an heir of the owner or the owner's spouse or surviving spouse.

TX SJR55

Proposing a constitutional amendment authorizing the legislature to provide that the appraised value of a residence homestead for ad valorem tax purposes is the market value of the property for the first year that the owner qualified the property for a homestead exemption or, if the owner purchased the property, the purchase price of the property.

TX HJR191

Proposing a constitutional amendment to exempt from ad valorem taxation 50 percent of the appraised value of the residence homestead of a person who has received a residence homestead exemption on the property for at least the preceding 10 years.

TX SB238

Relating to the installment of electric school buses and solar panels in Texas public schools.

TX HJR40

Proposing a constitutional amendment providing honesty in state taxation.

TX HJR9

Proposing a constitutional amendment providing honesty in state taxation.

TX HJR6

Proposing a constitutional amendment providing honesty in state taxation.

TX SJR19

Proposing a constitutional amendment to authorize the legislature to establish a limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.

TX SJR53

Proposing a constitutional amendment to authorize the legislature to establish a limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.

Similar Bills

No similar bills found.