| 1 | 1 | | 87R11278 SMT-D |
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| 2 | 2 | | By: Moody H.B. No. 4351 |
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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 the purposes for which property must be used to be |
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| 8 | 8 | | eligible for ad valorem tax benefits under the Texas Economic |
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| 9 | 9 | | Development Act. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 313.024(b), Tax Code, is amended to read |
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| 12 | 12 | | as follows: |
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| 13 | 13 | | (b) To be eligible for a limitation on appraised value under |
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| 14 | 14 | | this subchapter, the entity must use the property for: |
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| 15 | 15 | | (1) manufacturing; |
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| 16 | 16 | | (2) research and development; |
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| 17 | 17 | | (3) a clean coal project, as defined by Section 5.001, |
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| 18 | 18 | | Water Code; |
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| 19 | 19 | | (4) an advanced clean energy project, as defined by |
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| 20 | 20 | | Section 382.003, Health and Safety Code; |
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| 21 | 21 | | (5) renewable energy electric generation; |
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| 22 | 22 | | (6) electric power generation using integrated |
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| 23 | 23 | | gasification combined cycle technology; |
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| 24 | 24 | | (7) nuclear electric power generation; |
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| 25 | 25 | | (8) a computer center primarily used in connection |
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| 26 | 26 | | with one or more activities described by Subdivisions (1) through |
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| 27 | 27 | | (7) conducted by the entity; [or] |
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| 28 | 28 | | (9) a Texas priority project; |
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| 29 | 29 | | (10) an administrative office; or |
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| 30 | 30 | | (11) a distribution warehouse. |
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| 31 | 31 | | SECTION 2. This Act takes effect immediately if it receives |
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| 32 | 32 | | a vote of two-thirds of all the members elected to each house, as |
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| 33 | 33 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 34 | 34 | | Act does not receive the vote necessary for immediate effect, this |
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| 35 | 35 | | Act takes effect September 1, 2021. |
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