Bill Text: TX SB1617 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the eligibility of certain property for certain ad valorem tax incentives if certain renewable energy devices are installed or constructed on the property.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-14 - Referred to Business & Commerce [SB1617 Detail]
Download: Texas-2019-SB1617-Introduced.html
86R9205 JES-F | ||
By: Hall | S.B. No. 1617 |
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relating to the eligibility of certain property for certain ad | ||
valorem tax incentives if certain renewable energy devices are | ||
installed or constructed on the property. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter A, Chapter 312, Tax Code, is amended | ||
by adding Section 312.0022 to read as follows: | ||
Sec. 312.0022. PROHIBITION ON ABATEMENT OF TAXES ON | ||
PROPERTY WITH CERTAIN RENEWABLE ENERGY DEVICES INSTALLED OR | ||
CONSTRUCTED. (a) In this section: | ||
(1) "Solar energy device" has the meaning assigned by | ||
Section 11.27. | ||
(2) "Wind-powered energy device" has the meaning | ||
assigned by Section 11.27. | ||
(b) Notwithstanding any other provision of this chapter, an | ||
owner or lessee of a parcel of real property that is located wholly | ||
or partly in a reinvestment zone may not receive an exemption from | ||
taxation of any portion of the value of the parcel of real property | ||
or of tangible personal property located on the parcel of real | ||
property under a tax abatement agreement under this chapter that is | ||
entered into on or after September 1, 2019, if, on or after that | ||
date, a solar energy device or wind-powered energy device is | ||
installed or constructed on the same parcel of real property. The | ||
prohibition provided by this section applies regardless of whether | ||
the solar energy device or wind-powered energy device is installed | ||
or constructed at a location that is in the reinvestment zone. | ||
SECTION 2. Section 313.024(b), Tax Code, is amended to read | ||
as follows: | ||
(b) To be eligible for a limitation on appraised value under | ||
this subchapter, the entity must use the property for: | ||
(1) manufacturing; | ||
(2) research and development; | ||
(3) a clean coal project, as defined by Section 5.001, | ||
Water Code; | ||
(4) an advanced clean energy project, as defined by | ||
Section 382.003, Health and Safety Code; | ||
(5) [ |
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gasification combined cycle technology; | ||
(6) [ |
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(7) [ |
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connection with one or more activities described by Subdivisions | ||
(1) through (6) [ |
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(8) [ |
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SECTION 3. Section 313.024(e)(2), Tax Code, is repealed. | ||
SECTION 4. The change in law made by this Act applies only | ||
to an agreement entered into under Chapter 313, Tax Code, on or | ||
after the effective date of this Act. An agreement entered into | ||
under that chapter before the effective date of this Act is governed | ||
by the law in effect on the date the agreement was entered into, and | ||
the former law is continued in effect for that purpose. | ||
SECTION 5. This Act takes effect September 1, 2019. |