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