Texas § 171.108 DEDUCTION OF COST OF CLEAN COAL PROJECT FROM MARGIN APPORTIONED TO THIS STATE.

Texas Statutes

§ 171.108 — DEDUCTION OF COST OF CLEAN COAL PROJECT FROM MARGIN APPORTIONED TO THIS STATE.

Texas § 171.108

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This text of Texas § 171.108 (DEDUCTION OF COST OF CLEAN COAL PROJECT FROM MARGIN APPORTIONED TO THIS STATE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Tax Code Code Ann. § 171.108 (2026).

Text

Sec. 171.108. DEDUCTION OF COST OF CLEAN COAL PROJECT FROM MARGIN APPORTIONED TO THIS STATE.

(a)In this section, "clean coal project" has the meaning assigned by Section 5.001 , Water Code.

(b)A taxable entity may deduct from its apportioned margin 10 percent of the amortized cost of equipment:

(1)that is used in a clean coal project;

(2)that is acquired by the taxable entity for use in generation of electricity, production of process steam, or industrial production;

(3)that the taxable entity uses in this state; and

(4)the cost of which is amortized in accordance with Subsection (c).

(c)The amortization of the cost of capital used in a clean coal project must:

(1)be for a period of at least 60 months;

(2)provide for equal monthly amounts;

(3)begin in the month during which the e

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Sec. 171.108. DEDUCTION OF COST OF CLEAN COAL PROJECT FROM MARGIN APPORTIONED TO THIS STATE. (a) In this section, "clean coal project" has the meaning assigned by Section 5.001 , Water Code.
(b) A taxable entity may deduct from its apportioned margin 10 percent of the amortized cost of equipment:
(1) that is used in a clean coal project;
(2) that is acquired by the taxable entity for use in generation of electricity, production of process steam, or industrial production;
(3) that the taxable entity uses in this state; and
(4) the cost of which is amortized in accordance with Subsection (c).
(c) The amortization of the cost of capital used in a clean coal project must:
(1) be for a period of at least 60 months;
(2) provide for equal monthly amounts;
(3) begin in the month during which the equipment is placed in service in this state; and
(4) cover only a period during which the equipment is used in this state.
(d) A taxable entity that makes a deduction under this section shall file with the comptroller an amortization schedule showing the period for which the deduction is to be made. On the request of the comptroller, the taxable entity shall file with the comptroller proof of the cost of the equipment or proof of the equipment's operation in this state.

Legislative History

Added by Acts 2005, 79th Leg., Ch. 1097 (H.B. 2201 ), Sec. 4, eff. June 18, 2005. Amended by: Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3 ), Sec. 5, eff. January 1, 2008.