By: King of Parker H.R. No. 2995
 
 
 
R E S O L U T I O N
 
         BE IT RESOLVED by the House of Representatives of the State of
  Texas, 81st Legislature, Regular Session, 2009, That House Rule 13,
  Section 9(a), be suspended in part as provided by House Rule 13,
  Section 9(f), to enable the conference committee appointed to
  resolve the differences on House Bill 469 (the establishment of
  incentives by this state for the implementation of projects to
  capture and sequester carbon dioxide that would otherwise be
  emitted into the atmosphere) to consider and take action on the
  following matters:
         (1)  House Rule 13, Sections 9(a)(1) and (3), are suspended
  to permit the committee to change, alter, or amend text that is not
  in disagreement and to add text on any matter that is not in
  disagreement in SECTION 1 of the bill, in the heading to added
  Subchapter H, Chapter 490, Government Code, to read as follows:
  SUBCHAPTER H. FRANCHISE TAX CREDIT FOR CLEAN ENERGY PROJECT
         Explanation: The change is necessary to clarify that the
  subchapter authorizes a franchise tax credit for a clean energy
  project.
         (2)  House Rule 13, Section 9(a)(3) and (4), are suspended to
  permit the committee to add text on a matter that is not in
  disagreement and to add text on a matter that is not included in
  either the house or senate version of the bill in SECTION 1 of the
  bill, in added Section 490.352(a), Government Code, to read as
  follows:
  A clean energy project is eligible for a franchise tax credit only
  if the project is implemented in connection with the construction
  of a new facility.
         Explanation: This addition is necessary to limit eligibility
  for the franchise tax credit authorized by the bill to clean energy
  projects implemented in connection with the construction of a new
  facility.
         (3)  House Rule 13, Sections 9(a)(1), (2), and (3), are
  suspended to permit the committee to change, alter, or amend text
  that is not in disagreement, to omit text that is not in
  disagreement, and to add text on any matter that is not in
  disagreement in SECTION 1 of the bill, in added Section 490.352(d),
  Government Code, to read as follows:
         (d)  The amount of the franchise tax credit for each report
  year is calculated by determining the amount of franchise tax that
  is due based on the taxable margin generated by a clean energy
  project from the generation and sale of power and the sale of any
  products that are produced by the electric generation facility.
  The amount of the franchise tax credit claimed under this section
  for a report year may not exceed the amount of franchise tax
  attributable to the clean energy project for that report year.
         Explanation: The change is necessary to specify the method to
  be used in calculating the amount of the franchise tax credit issued
  to an entity implementing a clean energy project in this state.