80R10769 JD-F
 
  By: Anderson H.B. No. 1952
 
  Substitute the following for H.B. No. 1952:
 
  By:  Ortiz, Jr. C.S.H.B. No. 1952
 
 
A BILL TO BE ENTITLED
AN ACT
relating to the eligibility of new electric generating facilities
and new industrial facilities that use gasification technology for
economic benefits authorized by the Texas Economic Development Act.
       BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
       SECTION 1.  Section 313.024(b), Tax Code, as effective
January 1, 2008, is amended to read as follows:
       (b)  To be eligible for a limitation on appraised value under
this subchapter, the entity must use the property in connection
with:
             (1)  manufacturing;
             (2)  research and development;
             (3)  a clean coal project, as defined by Section 5.001,
Water Code;
             (4)  a gasification project that uses [for a] coal,
including lignite, petroleum residues, including petroleum coke,
[and] biomass, or wastes, or any mixture of those materials, as
feedstock; [or]
             (5)  renewable energy electric generation; or
             (6)  an electric generation project that uses
integrated gasification combined cycle technology.
       SECTION 2.  This Act takes effect January 1, 2008.