By: Zaffirini S.B. No. 2250

(In the Senate - Filed March 10, 2023; March 22, 2023, read first time and referred to Committee on Business & Commerce; April 27, 2023, reported adversely, with favorable Committee Substitute by the following vote: Yeas 11, Nays 0; April 27, 2023, sent to printer.) Click here to see the committee vote

COMMITTEE SUBSTITUTE FOR S.B. No. 2250 By: Zaffirini

A BILL TO BE ENTITLED

AN ACT

relating to the execution of a certificate of completion for the purchase of solar panels under a retail installment contract.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Subchapter B, Chapter 345, Finance Code, is amended by adding Section 345.0811 to read as follows:

Sec. 345.0811. CERTIFICATE OF COMPLETION FOR SOLAR PANEL RETAIL INSTALLMENT CONTRACT. (a) A retail seller of solar panels may not require a retail buyer to execute a certificate unless the solar panels are fully operational and pass the building code inspection applicable to the retail buyer's property.

(b) A certificate executed under Subsection (a) is void if the covered solar panel installation fails a building code inspection before the first anniversary of the date the certificate was signed by the retail buyer.

(c) Notwithstanding Section 345.081(f), a certificate rendered void under Subsection (b) shall entitle the retail buyer to deferment of installment under Section 345.069 until the retail seller remedies the certificate.

SECTION 2. This Act takes effect September 1, 2023.

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