| 1 | 1 | | 87R10937 LHC-D |
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| 2 | 2 | | By: Birdwell S.B. No. 1256 |
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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 eligibility of certain property for an ad valorem |
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| 8 | 8 | | tax abatement under the Property Redevelopment and Tax Abatement |
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| 9 | 9 | | Act if certain renewable energy devices are installed or |
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| 10 | 10 | | constructed on the property. |
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| 11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 12 | | SECTION 1. Subchapter A, Chapter 312, Tax Code, is amended |
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| 13 | 13 | | by adding Section 312.0022 to read as follows: |
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| 14 | 14 | | Sec. 312.0022. PROHIBITION ON ABATEMENT OF TAXES ON |
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| 15 | 15 | | PROPERTY WITH CERTAIN RENEWABLE ENERGY DEVICES INSTALLED OR |
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| 16 | 16 | | CONSTRUCTED. (a) In this section: |
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| 17 | 17 | | (1) "Solar energy device" has the meaning assigned by |
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| 18 | 18 | | Section 11.27. |
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| 19 | 19 | | (2) "Wind-powered energy device" has the meaning |
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| 20 | 20 | | assigned by Section 11.27. |
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| 21 | 21 | | (b) Notwithstanding any other provision of this chapter, an |
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| 22 | 22 | | owner or lessee of a parcel of real property that is located wholly |
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| 23 | 23 | | or partly in a reinvestment zone may not receive an exemption from |
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| 24 | 24 | | taxation of any portion of the value of the parcel of real property |
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| 25 | 25 | | or of tangible personal property located on the parcel of real |
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| 26 | 26 | | property under a tax abatement agreement under this chapter that is |
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| 27 | 27 | | entered into on or after September 1, 2021, if, on or after that |
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| 28 | 28 | | date, a solar energy device or wind-powered energy device is |
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| 29 | 29 | | installed or constructed on the same parcel of real property. The |
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| 30 | 30 | | prohibition provided by this section applies regardless of whether |
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| 31 | 31 | | the solar energy device or wind-powered energy device is installed |
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| 32 | 32 | | or constructed at a location that is in the reinvestment zone. |
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| 33 | 33 | | SECTION 2. This Act takes effect September 1, 2021. |
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