Amends GS 105-129.16A to extend the sunset of the credit for investing in renewable energy property to January 1, 2021 (was, January 1, 2016).
Amends GS 105-129.15 to include in the definition of renewable energy property solar energy equipment that uses solar radiation as a substitute for traditional energy for generating electricity only if all the equipment in the system has an aggregate generation capacity of less than one megawatt. Effective for property placed in service for taxable years beginning on or after January 1, 2018.
ENERGY INVESTMENT ACT.
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| View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO ENACT THE ENERGY INVESTMENT ACT.Intro. by B. Jackson, Hartsell, Tarte.
Status: Re-ref Com On Finance (Senate Action) (Mar 30 2015)
Bill History:
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Wed, 25 Mar 2015 Senate: Filed(link is external)
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Thu, 26 Mar 2015 Senate: Passed 1st Reading(link is external)
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Mon, 30 Mar 2015 Senate: Withdrawn From Com(link is external)
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Mon, 30 Mar 2015 Senate: Re-ref Com On Finance(link is external)
S 447
Bill Summaries:
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Bill S 447 (2015-2016)Summary date: Mar 25 2015 - View Summary
View: All Summaries for Bill
Identical to S 562, filed on 03/26/15.