Bill Text: TX SB2250 | 2023-2024 | 88th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the execution of a certificate of completion and to imposing certain requirements under a retail installment contract for the purchase of solar panels.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Engrossed) 2023-05-22 - Comm. report sent to Local & Consent Calendar [SB2250 Detail]
Download: Texas-2023-SB2250-Comm_Sub.html
Bill Title: Relating to the execution of a certificate of completion and to imposing certain requirements under a retail installment contract for the purchase of solar panels.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Engrossed) 2023-05-22 - Comm. report sent to Local & Consent Calendar [SB2250 Detail]
Download: Texas-2023-SB2250-Comm_Sub.html
By: Zaffirini | S.B. No. 2250 | |
(In the Senate - Filed March 10, 2023; March 22, 2023, read | ||
first time and referred to Committee on Business & Commerce; | ||
April 27, 2023, reported adversely, with favorable Committee | ||
Substitute by the following vote: Yeas 11, Nays 0; April 27, 2023, | ||
sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR S.B. No. 2250 | By: Zaffirini |
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relating to the execution of a certificate of completion for the | ||
purchase of solar panels under a retail installment contract. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter B, Chapter 345, Finance Code, is | ||
amended by adding Section 345.0811 to read as follows: | ||
Sec. 345.0811. CERTIFICATE OF COMPLETION FOR SOLAR PANEL | ||
RETAIL INSTALLMENT CONTRACT. (a) A retail seller of solar panels | ||
may not require a retail buyer to execute a certificate unless the | ||
solar panels are fully operational and pass the building code | ||
inspection applicable to the retail buyer's property. | ||
(b) A certificate executed under Subsection (a) is void if | ||
the covered solar panel installation fails a building code | ||
inspection before the first anniversary of the date the certificate | ||
was signed by the retail buyer. | ||
(c) Notwithstanding Section 345.081(f), a certificate | ||
rendered void under Subsection (b) shall entitle the retail buyer | ||
to deferment of installment under Section 345.069 until the retail | ||
seller remedies the certificate. | ||
SECTION 2. This Act takes effect September 1, 2023. | ||
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