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Committee advances bill extending ad valorem tax‑exemption eligibility for energy projects to 2031
Senate Finance Committee · February 20, 2026
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Summary
The Senate Finance Committee adopted a committee substitute for SB 2824 to move several deadlines (previously 2026/2027) to 2031, keeping certain energy projects eligible for up to a 50% ad valorem tax exemption; the substitute passed by voice vote and will be reported out.
The committee adopted the committee substitute for Senate Bill 2824, which extends the dates in current law that allow certain energy projects to be considered for up to a 50% ad valorem tax…
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