Texas § TX.23.26 - SOLAR ENERGY PROPERTY
Full text of Texas The Texas Constitution § TX.23.26 — SOLAR ENERGY PROPERTY, with citation guidance and answers to common questions.
§ TX.23.26. SOLAR ENERGY PROPERTY
SOLAR ENERGY PROPERTY. (a) In this section, "solar energy property" means a "solar energy device" as defined by Section 11.27 (c)(1) that is used for a commercial purpose, including a commercial storage device, power conditioning equipment, transfer equipment, and necessary parts for the device and equipment. (b) This section applies only to solar energy property that is constructed or installed on or after January 1, 2014. (c) The chief appraiser shall use the cost method of appraisal to determine the market value of solar energy property. (d) To determine the market value of solar energy property using the cost method of appraisal, the chief appraiser shall: (1) use cost data obtained from generally accepted sources; (2) make any appropriate adjustment for physical, functional, or economic obsolescence and any other justifiable factor; and (3) calculate the depreciated value of the property by using a useful life that does not exceed 10 years. (e) The chief appraiser may not in any tax year determine the depreciated value under Subsection (d)(3) to be less than 20 percent of the value computed after making appropriate adjustments under Subsection (d)(2) to the value determined under Subsection (d)(1). Added by Acts 2013, 83rd Leg., R.S., Ch. 687 (H.B. 2500 ), Sec. 1, eff. January 1, 2014. SUBCHAPTER C. LAND DESIGNATED FOR AGRICULTURAL USE
Frequently Asked Questions About Texas § TX.23.26
What does The Texas Constitution § TX.23.26 cover?
Section TX.23.26 ("SOLAR ENERGY PROPERTY") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § TX.23.26?
A common citation format is "The Texas Constitution § TX.23.26" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § TX.23.26 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.