Texas HB2039 proposes an exemption from ad valorem taxation for residential real property improvements that enhance energy efficiency.
HB2039 amends the Texas Tax Code to exempt the appraised value of residential real property from ad valorem taxation if the property includes specific energy efficiency-related improvements. These improvements include high-efficiency heating and cooling 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 other openings.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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