Texas Senate Bill SB385

Texas 2013 - 83rd Regular

Caption

Relating to authorizing assessments for water and energy improvements in regions designated by municipalities and counties; imposing a fee.

Impact

The bill's implementation could significantly influence state environmental policies by promoting energy efficiency and water conservation initiatives. Local governments can establish programs to finance projects that lower energy and water consumption, encourage sustainable practices, and reduce greenhouse gas emissions. This could lead to improved reliability in energy systems and enhanced property values, affecting homeowners and local economies by potentially lowering energy costs and creating jobs related to the implementation of qualified projects.

Summary

SB385, known as the Property Assessed Clean Energy Act, aims to authorize local governments in Texas to impose assessments on properties for financing water and energy improvements. This legislation allows municipalities and counties to designate specific regions where property owners can enter into written contracts to finance qualified projects aimed at enhancing energy efficiency and conserving water resources. By facilitating the funding for such improvements, the bill seeks to stimulate economic development while addressing environmental concerns.

Contention

While the bill has the potential for considerable benefits, it has not been without contention. Concerns may arise regarding the financial implications for property owners, as assessments will be attached as liens to the properties. This change in financial structure means implications in case of delinquency, where the local government could enforce collections similarly to property taxes. Critics have also raised questions about the management of such programs, particularly in relation to ensuring transparency and accountability in the oversight of funds used for these improvements.