15-6-224. Nonfossil energy generation.
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/mt/title-15/chapter-6/part-2/15-6-224·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
15-6-224 . Nonfossil energy generation. The following portions of the appraised value of a capital investment in a recognized nonfossil form of energy generation or low-emission wood or biomass combustion devices, as defined in 15-32-102 , are exempt from taxation for a period of 10 years following installation of the property:
(1)$20,000 in the case of a single-family residential dwelling;
(2)$100,000 in the case of a multifamily residential dwelling or a nonresidential structure.