Texas · 89th Legislature (2025) · Bill

SB 2423: 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.

In committee Last action March 25, 2025: Referred to Business & Commerce

Plain-language summary

SB 2423 is a bill introduced in the Texas Senate on March 13, 2025. According to its official title, it concerns: 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. Primary sponsor: Bob Hall (Republican). Most recent recorded action (March 25, 2025): Referred to Business & Commerce.

Sponsors

Primary sponsor: Bob Hall (Republican).