Bill

Bill > HB3894


TX HB3894

Relating to an exemption from sales and use taxes for battery energy storage systems.


summary

Introduced
03/07/2023
In Committee
03/20/2023
Crossed Over
Passed
Dead
05/29/2023

Introduced Session

88th Legislature Regular Session

Bill Summary

Relating to an exemption from sales and use taxes for battery energy storage systems.

AI Summary

This bill amends the Texas Tax Code to provide an exemption from sales and use taxes for battery energy storage systems. These systems are defined as electrochemical devices that process, store, and transform electrical energy into chemical energy and back again for distribution and sale. The bill specifies that this exemption applies regardless of the origin of the electricity used to charge the battery storage system. The bill also includes provisions to ensure that any tax liability accrued before the effective date of the bill, which is set for September 1, 2023, will continue to be collected and enforced under the former law.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Left pending in committee (on 04/17/2023)

bill text


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