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TX HB2039
Bill
Status
1/23/2025
Primary Sponsor
Barbara Gervin-Hawkins
Click for details
AI Summary
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Exempts from property taxes any increase in appraised value of residential real property resulting from the installation of energy efficiency-related improvements
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Qualifying improvements include high-efficiency HVAC systems, heat pumps, water heaters, windows, attic insulation, radiant barriers, smart thermostats, electric vehicle charging demand response technology, and door/window sealing
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Once the exemption is approved, property owners do not need to reapply in subsequent years unless ownership changes or qualification status changes
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Requires the comptroller and State Energy Conservation Office to develop guidelines to assist local officials in administering the exemption
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Takes effect January 1, 2026, contingent upon voter approval of a related constitutional amendment authorizing this property tax exemption
Legislative Description
Relating to an exemption from ad valorem taxation of the amount of the appraised value of residential real property that arises from the installation in the property of certain energy efficiency-related improvements.
Property Interests
Last Action
Referred to Ways & Means
3/14/2025