SB2706 - 104th General Assembly (2025-2026)

PROP TX-ENERGY SYSTEMS
Last Action

10/14/2025 - Senate: Referred to Assignments
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Property Tax Code. In provisions concerning the valuation of wind energy devices, provides that, for taxable year 2026 and thereafter, the real property cost basis is $588,000 per megawatt of nameplate capacity (currently, $360,000 per megawatt of nameplate capacity). In provisions concerning the valuation of solar energy systems, provides that, for taxable year 2026 and thereafter, the real property cost basis is $446,000 per megawatt of nameplate capacity (currently, $218,000 per megawatt of nameplate capacity). Effective immediately.
Actions

DateChamberAction
10/14/2025SenateFiled with Secretary by Sen. Sally J. Turner
10/14/2025SenateFirst Reading
10/14/2025SenateReferred to Assignments
10/22/2025SenateAdded as Chief Co-Sponsor Sen. Terri Bryant
10/27/2025SenateAdded as Co-Sponsor Sen. Dave Syverson
10/28/2025SenateAdded as Chief Co-Sponsor Sen. Chapin Rose