Bill Text: TX HB205 | 2021 | 87th Legislature 1st Special Session | Introduced

Texas House Bill 205 (Prior Session Legislation)

Introduced

Bill Title: Relating to a credit against the ad valorem taxes imposed on property on which certain solar energy devices have been installed.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2021-07-09 - Filed [HB205 Detail]

Download: Texas-2021-HB205-Introduced.html



	By: Crockett	H.B. No. 205



	A BILL TO BE ENTITLED
	AN ACT
	relating to a credit against the ad valorem taxes imposed on
	property on which certain solar energy devices have been installed.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Chapter 31, Tax Code, is amended by adding
	Section 31.039 to read as follows:
	Sec. 31.039. TAX CREDIT FOR SOLAR ENERGY DEVICE ACQUISITION
	AND INSTALLATION COSTS. (a) In this section, "solar energy device"
	has the meaning assigned by Section 11.27.
	(b) A person who owns real property and installs a solar
	energy device on the property is entitled to a credit against the
	taxes imposed on the property by each taxing unit that taxes the
	property.
	(c) The amount of the credit to which a property owner is
	entitled under this section against the taxes imposed in a tax year
	on the property by a taxing unit is computed by:
	(1) dividing the amount of taxes imposed on the
	property by the taxing unit by the total amount of taxes imposed on
	the property by all of the taxing units that tax the property; and
	(2) multiplying the amount determined under
	Subdivision (1) by the lesser of the following amounts:
	(A) an amount equal to one-sixth of the total
	cost incurred by the property owner in acquiring the solar energy
	device and installing the device on the property; or
	(B) $2,500.
	(d) A property owner may receive a credit under this section
	against the taxes imposed on the property by a taxing unit until the
	first tax year after the sixth tax year in which the property owner
	receives the credit.
	(e) To receive a credit under this section, a property owner
	must file an application with the chief appraiser of the appraisal
	district in which the property is located. The application must
	include the total cost incurred by the property owner in acquiring
	and installing the solar energy device.
	(f) The chief appraiser shall forward a copy of the
	application to the assessor for each taxing unit that taxes the
	property. The assessors for the taxing units shall consult with one
	another as necessary to compute the amount of the credit to be
	granted by each taxing unit.
	(g) A credit provided by this section, once allowed, need
	not be claimed in subsequent years and applies to the property
	regardless of any subsequent change in ownership of the property.
	(h) The comptroller shall adopt rules for the
	administration of this section, including rules prescribing the
	form of an application for the credit.
	SECTION 2. This Act applies only to ad valorem taxes imposed
	for a tax year beginning on or after the effective date of this Act.
	SECTION 3. This Act takes effect January 1, 2022, but only
	if the constitutional amendment proposed by the 87th Legislature,
	Regular Session, 2021, to authorize the legislature to provide for
	a credit against the ad valorem taxes imposed on property on which a
	solar energy device has been installed based on the cost of
	acquiring and installing the device is approved by the voters. If
	that amendment is not approved by the voters, this Act has no
	effect.