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TX HB3390
Bill
Status
2/26/2025
Primary Sponsor
Brooks Landgraf
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AI Summary
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Creates a property tax exemption for the increase in appraised value of real property resulting from installation of an electric generator used primarily for on-site energy production and distribution
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Defines qualifying "electric generator" as a device powered by natural gas, liquefied petroleum gas, diesel, biodiesel, or hydrogen that is enclosed in a sound-attenuating enclosure and connected to a structure's main electrical panel via transfer switch
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Once the exemption is initially claimed and 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 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 proposed by the 89th Legislature authorizing this exemption
Legislative Description
Relating to an exemption from ad valorem taxation of the amount of the appraised value of real property that arises from the installation or construction on the property of a generator that is primarily for the production and distribution of energy for on-site use.
Taxation
Last Action
Referred to Ways & Means
3/21/2025