Texas HB4004 modifies ad valorem tax incentives for properties with wind-powered energy devices.

Texas HB4004 amends the Tax Code to redefine eligibility for ad valorem tax incentives on properties with wind-powered energy devices. The bill prohibits land with such devices from being designated for agricultural use, thereby affecting its tax status. It also restricts taxing units from exempting the value of real or personal property on such land from taxation. The changes apply to tax years beginning after the bill's effective date of January 1, 2026, contingent on voter approval of a related constitutional amendment.

Texas HB4004 modifies ad valorem tax incentives for properties with wind-powered energy devices.

Texas HB4004 amends the Tax Code to redefine eligibility for ad valorem tax incentives on properties with wind-powered energy devices. The bill prohibits land with such devices from being designated for agricultural use, thereby affecting its tax status. It also restricts taxing units from exempting the value of real or personal property on such land from taxation. The changes apply to tax years beginning after the bill's effective date of January 1, 2026, contingent on voter approval of a related constitutional amendment.