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A BILL TO BE ENTITLED
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AN ACT
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relating to a local option exemption from ad valorem taxation of the |
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portion of the appraised value of a person's property that is |
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attributable to the installation on the property of a rainwater |
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harvesting system. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 11, Tax Code, is amended by |
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adding Section 11.325 to read as follows: |
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Sec. 11.325. RAINWATER HARVESTING SYSTEMS. The governing |
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body of a taxing unit by official action of the governing body |
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adopted in the manner required by law for official actions may |
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exempt from taxation the portion of the appraised value of property |
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that is attributable to the installation on the property of a |
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rainwater harvesting system. |
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SECTION 2. This Act applies only to ad valorem taxes imposed |
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for a tax year beginning on or after the effective date of this Act. |
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SECTION 3. This Act takes effect January 1, 2016. |