Texas HB3390 proposes an exemption from ad valorem taxation for the appraised value of real property related to the installation of an electric.
HB3390 amends the Texas Tax Code to exempt from ad valorem taxation the appraised value of real property attributable to the installation of an electric generator primarily for on-site energy production and distribution. The bill defines an "electric generator" as a device converting mechanical energy to electrical energy, powered by natural gas, liquefied petroleum gas, diesel fuel, biodiesel fuel, or hydrogen, fully enclosed in a sound attenuating enclosure, and connected to the main electrical panel by a transfer switch.
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- Legal Framework
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