Amends GS 105-333(12) to establish that real and personal property used directly and exclusively for the conversion of solar energy to electricity are to be treated as nonsystem property as that term is used in Article 23 of GS Chapter 105 (Public Service Companies). Applies to taxes inposed for taxable year beginning on or after the July 1, 2017, effective date.
INCLUDE SOLAR PROPERTY AS NONSYSTEM PROPERTY.
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| View NCGA Bill Details(link is external) | 2017-2018 Session |
AN ACT TO INCLUDE CERTAIN SOLAR ENERGY PROPERTY AS NONSYSTEM PROPERTY.Intro. by Dixon, J. Bell, Brody.
Status: Ref to the Com on Energy and Public Utilities, if favorable, Finance (House Action) (Feb 23 2017)
Bill History:
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Wed, 22 Feb 2017 House: Filed(link is external)
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Thu, 23 Feb 2017 House: Passed 1st Reading(link is external)
H 172
Bill Summaries:
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Bill H 172 (2017-2018)Summary date: Feb 22 2017 - View Summary
View: All Summaries for Bill