SB534Introduced in the Senate
Imposing a nameplate capacity tax and a production tax upon certain wind farms and solar facilities, crediting the nameplate capacity tax and the production tax revenue to the property tax relief fund, creating the property tax relief fund, transferring moneys from the property tax relief fund to the state school district finance fund and decreasing the statewide property tax levy for schools.
Introduced by Assessment and Taxation
What does this bill do?
Plain-English breakdown
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Official description
Imposing a nameplate capacity tax and a production tax upon certain wind farms and solar facilities, crediting the nameplate capacity tax and the production tax revenue to the property tax relief fund, creating the property tax relief fund, transferring moneys from the property tax relief fund to the state school district finance fund and decreasing the statewide property tax levy for schools.
Where it stands
Senate Hearing: Friday, March 13, 2026, 9:30 AM Room 548-S
March 13, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Senate Introduced
Senate Referred to Committee on Assessment and Taxation
Senate Hearing: Friday, March 13, 2026, 9:30 AM Room 548-S
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