Texas SB1639 imposes a tax on electricity generated by certain electric generators to fund teacher pay raises.
The bill imposes a tax on electric generators in Texas that produce electricity using energy sources other than natural gas or coal. The tax rate is calculated annually by the comptroller and is based on the revenue from natural gas taxes and the average natural gas usage for electricity generation. Electric generators must report monthly to the comptroller on their electricity production using non-natural gas or coal sources, and they must maintain records of this production.
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