House Bill No. 1483 proposes an exemption from ad valorem taxation for the appraised value of certain residential real properties that have undergone energy efficiency-related improvements. The bill introduces a new section, Section 11.272, to the Tax Code, defining "energy efficiency-related improvement" to include various technologies and enhancements such as high-efficiency heating and cooling systems, smart thermostats, and high-efficiency windows. To qualify for the exemption, the property must have been originally constructed before January 1, 2011, and the improvements must be installed on or after January 1, 2026. Additionally, the comptroller is tasked with developing guidelines to assist local officials in administering this exemption.

The bill also amends Section 11.43(c) of the Tax Code to include the new Section 11.272 among the exemptions that do not need to be claimed in subsequent years, provided the property ownership or qualification status does not change. The act is set to take effect on January 1, 2026, contingent upon the approval of a constitutional amendment by voters that would authorize such exemptions. If the amendment is not approved, the bill will have no effect.

Statutes affected:
Introduced: Tax Code 11.43 (Tax Code 11)