| 1 | 1 | | 87R6286 TJB-F |
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| 2 | 2 | | By: Lucio III H.B. No. 3811 |
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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 ad valorem taxation. |
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| 8 | 8 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 9 | 9 | | SECTION 1. Section 11.27, Tax Code, is amended by amending |
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| 10 | 10 | | Subsection (a) and adding Subsection (a-1) to read as follows: |
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| 11 | 11 | | (a) A person is entitled to an exemption from taxation of |
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| 12 | 12 | | the amount of appraised value of real [his] property owned by the |
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| 13 | 13 | | person that arises from the installation or construction on the |
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| 14 | 14 | | property of a solar or wind-powered energy device that is primarily |
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| 15 | 15 | | for production and distribution of energy for on-site use. |
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| 16 | 16 | | (a-1) A person is entitled to an exemption from taxation of |
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| 17 | 17 | | the appraised value of a solar or wind-powered energy device owned |
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| 18 | 18 | | by the person that is installed or constructed on real property and |
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| 19 | 19 | | is primarily for production and distribution of energy for on-site |
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| 20 | 20 | | use regardless of whether the person owns the real property on which |
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| 21 | 21 | | the device is installed or constructed. |
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| 22 | 22 | | SECTION 2. Section 23.1241(a)(1), Tax Code, is amended to |
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| 23 | 23 | | read as follows: |
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| 24 | 24 | | (1) "Dealer" means a person engaged in the business in |
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| 25 | 25 | | this state of selling, leasing, or renting heavy equipment. The |
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| 26 | 26 | | term includes a person who leases heavy equipment from another |
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| 27 | 27 | | person. The term does not include a bank, savings bank, savings and |
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| 28 | 28 | | loan association, credit union, or other finance company. In |
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| 29 | 29 | | addition, for purposes of taxation of a person's inventory of heavy |
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| 30 | 30 | | equipment in a tax year, the term does not include a person who |
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| 31 | 31 | | renders the person's inventory of heavy equipment for taxation in |
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| 32 | 32 | | that tax year by filing a rendition statement or property report in |
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| 33 | 33 | | accordance with Chapter 22. |
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| 34 | 34 | | SECTION 3. This Act applies only to ad valorem taxes imposed |
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| 35 | 35 | | for a tax year beginning on or after the effective date of this Act. |
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| 36 | 36 | | SECTION 4. This Act takes effect January 1, 2022. |
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