SB2423 — Relating to the imposition of a tax on certain entities that receive certain federal tax credits related to investing in and developing renewable energy projects in an amount equal to the federal tax credits received.

SB2423 — Relating to the imposition of a tax on certain entities that receive certain federal tax credits related to investing in and developing renewable energy projects in an amount equal to the federal tax credits received. · Informed CitizenrySB 2423 proposes to create a new tax in the Texas Tax Code for entities that develop or invest in renewable energy projects. The tax would apply to renewable energy project developers who receive f…Open in Informed Citizenry