SB 2393

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
SB 2393 creates an exemption from ad valorem taxation for the increased appraised value of real property resulting from the installation of an electric generator primarily used for on-site energy production. The bill defines eligible generators as those powered by natural gas, diesel, biodiesel, or hydrogen and that are fully enclosed in sound-attenuating enclosures. The exemption applies only to tax years beginning on or after the bill’s effective date and requires approval of a corresponding constitutional amendment by voters​.
Author (1)
Brandon Creighton
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