Amends GS 105-275(45) to exclude from property taxation 60% (was, 80%) of the appraised value of a solar electric system, as defined by the statute to mean all equipment used directly and exclusively for the conversion of solar energy to electricity. Effective July 1, 2017, and applies to taxes imposed for taxable years beginning on or after that date.
CHANGE EXCLUSION FOR SOLAR ENERGY SYSTEMS.
|View NCGA Bill Details||2017-2018 Session|
AN ACT TO CHANGE THE PROPERTY TAX EXCLUSION FOR SOLAR ENERGY ELECTRIC SYSTEMS.Intro. by Dixon, J. Bell, Brenden Jones, McElraft.
Status: Ref to the Com on Energy and Public Utilities, if favorable, Finance (House Action) (Feb 23 2017)
Wed, 22 Feb 2017 House: Filed
Thu, 23 Feb 2017 House: Passed 1st Reading
Bill H 171 (2017-2018)Summary date: Feb 22 2017 - View Summary
Identical to S 279, filed 3/15/17.