Overview
The Tax Relief for Pollution Control Property Program, formerly known as Proposition 2, provides tax exemptions on property used for pollution control purposes. The intent of this amendment is to ensure capital investments undertaken to comply with environmental mandates do not result in an increase in property taxes.
The Process
The legislation established a two-step process for obtaining the property-tax exemption. First, an application is made to the TCEQ for a ‘positive use’ determination that the property is used for pollution control purposes. Once approved, the facility applies for a property tax exemption with their local appraisal district.
Special Note – Applicants should know that the term “property” is meant to include both real and personal material. It can consist of devices, equipment, methods