Enrolled Bill Summary

Senate Bill 277	Senate Author:  Campbell et al.
Effective:  9-1-17	House Sponsor:  Frank

            Senate Bill 277 amends the Tax Code to prohibit an owner or lessee of a parcel of real property that is located in a reinvestment zone from receiving a property tax exemption under a tax abatement agreement under the Property Redevelopment and Tax Abatement Act that is entered into on or after September 1, 2017, if, on or after that date, a wind-powered energy device is installed or constructed on the same parcel of real property at a location that is within 25 nautical miles of a military aviation facility located in Texas.

Senate Bill 277 also prohibits an owner of a parcel of land that is located in a reinvestment zone, a new building constructed on the parcel of land, a new improvement erected or affixed on the parcel of land, or tangible personal property placed in service in the building or improvement or on the parcel of land from receiving a limitation on appraised value under a Texas Economic Development Act agreement that is entered into on or after September 1, 2017, if, on or after that date, a wind-powered energy device is installed or constructed on the same parcel of land at a location that is within 25 nautical miles of a military aviation facility located in Texas.