Texas HB1483 proposes an exemption from ad valorem taxation for certain energy efficiency improvements on residential properties.
HB1483 amends the Texas Tax Code to exempt the appraised value of residential real property from ad valorem taxation if it arises from the installation of specific energy efficiency-related improvements. Eligible improvements include high-efficiency heating, ventilation, and air conditioning systems, central air conditioning demand response technology, high-efficiency heat pumps, attic insulation, radiant barriers, smart thermostats, high-efficiency water heaters, electric vehicle charging demand response technology, high-efficiency windows, and sealing or resealing of doors, windows, or.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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