Bill
Bill > HB3894
TX HB3894
Relating to an exemption from sales and use taxes for battery energy storage systems.
summary
Introduced
03/07/2023
03/07/2023
In Committee
03/20/2023
03/20/2023
Crossed Over
Passed
Dead
05/29/2023
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
bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HB3894 |
Fiscal Note (Introduced) | https://capitol.texas.gov/tlodocs/88R/fiscalnotes/html/HB03894I.htm |
BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/HB03894I.htm |
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