Relating to imposing an additional franchise tax on certain solar and wind energy producers.

HB 3017 imposes an additional franchise tax on solar and wind energy producers in Texas with over 1 megawatt of capacity. The tax equals the total value of federal subsidies, tax credits, or other federal benefits the company received during a reporting period. Affected businesses must file specific reports detailing these federal benefits, even if they would otherwise be exempt from reporting. The law applies only to reports due on or after January 1, 2026, when the tax becomes effective.