| |
| |
|
|
A JOINT RESOLUTION
|
|
|
proposing a constitutional amendment 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. |
|
|
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Article VIII, Texas Constitution, is amended by |
|
|
adding Section 1-q to read as follows: |
|
|
Sec. 1-q. (a) The legislature by general law may provide |
|
|
for a credit against the ad valorem taxes on property on which a |
|
|
solar energy device has been installed based on the cost incurred by |
|
|
the property owner in acquiring and installing the device. The |
|
|
general law may provide formulas for computing the amount of the |
|
|
credit a property owner may receive in a tax year and may impose a |
|
|
limitation on the number of tax years for which the property owner |
|
|
may receive the exemption. |
|
|
(b) A credit authorized by general law enacted under this |
|
|
section is in addition to any exemption from ad valorem taxation |
|
|
applicable to a solar energy device authorized by a general law |
|
|
enacted under Section 2(a) of this article. |
|
|
SECTION 2. This proposed constitutional amendment shall be |
|
|
submitted to the voters at an election to be held November 8, 2022. |
|
|
The ballot shall be printed to permit voting for or against the |
|
|
proposition: "The constitutional amendment 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." |