Staff Analysis of the Legislation
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05.02.2017 A House Ways and Means Legislative subcommittee adjourned debate on this bill. 01.17.2017 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee. 01.17.2017 The Senate Finance Property Tax subcommittee gave this bill a favorable report as amended. The amendment allows 100 percent property tax exemption for solar equipment on residential property. Summary of the bill as introduced: Exempts 80 percent of the fair market value of specific distributed energy resources and exempts the value of renewable energy resource from residential property. |