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  89R3658 MLH-D     By: Middleton S.B. No. 419       A BILL TO BE ENTITLED   AN ACT   relating to the determination of the market value of solar energy   property for ad valorem tax purposes.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 23.26(d), Tax Code, is amended to read as   follows:          (d)  To determine the market value of solar energy property   using the cost method of appraisal, the chief appraiser shall:                (1)  use cost data obtained from generally accepted   sources;                (2)  make any appropriate adjustment for physical,   functional, or economic obsolescence and any other justifiable   factor; and                (3)  calculate the depreciated value of the property by   using a useful life of not less than 35 [ that does not exceed 10 ]   years.          SECTION 2.  Section 23.26(d), Tax Code, as amended by this   Act, applies only to the appraisal for ad valorem tax purposes of   solar energy property for a tax year that begins on or after the   effective date of this Act.          SECTION 3.  This Act takes effect January 1, 2026.