Skip links

Texas passed PACE bill – to be signed by the governor

Senate Bill 385, authored by State Sen.John Carona, R-Dallas, would facilitate such property assessment-based loans at a low cost and for the long term. The bill would also establish the Property Assessed Clean Energy Act related to authorizing assessments for water and energy improvements in regions designated by municipalities and counties.

“Up-front costs and capital required for projects of this type are often economic barriers to property owners,” Carona said. Read more.