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A BILL TO BE ENTITLED
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AN ACT
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relating to an exemption from the sales tax for byproducts sold by |
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electric generating facilities that use integrated gasification |
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combined cycle technology. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter H, Chapter 151, Tax Code, is amended |
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by adding Section 151.3385 to read as follows: |
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Sec. 151.3385. BYPRODUCTS OF CERTAIN ELECTRIC GENERATING |
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FACILITIES. The sale of byproducts, including sulfur, slag, and |
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syngas, derived from the generation of electricity at an electric |
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generating facility that uses integrated gasification combined |
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cycle technology is exempted from the taxes imposed by this |
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chapter. |
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SECTION 2. This Act takes effect September 1, 2007. |