Bill > HB1483

This bill creates a property tax exemption for homeowners who install energy efficiency-related improvements in residential properties built before January 1, 2011. The bill defines "energy efficiency-related improvements" as technologies that reduce energy consumption, including high-efficiency heating and cooling systems, attic insulation, radiant barriers, smart thermostats, high-efficiency water heaters, electric vehicle charging technologies, energy-efficient windows, and sealing of doors and windows. Homeowners can receive a tax exemption for the increased appraised value resulting from these improvements, but only for improvements installed on or after January 1, 2026. The comptroller, in collaboration with the State Energy Conservation Office, will develop guidelines to help local officials implement this exemption. Importantly, the bill's implementation is contingent upon voter approval of a related constitutional amendment during the 2025 legislative session. The tax exemption would first apply to the 2026 tax year, providing an incentive for homeowners to invest in energy-efficient home upgrades while potentially reducing overall energy consumption.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB1483