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.
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View NCGA Bill Details(link is external) | 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)
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 171
Bill Summaries:
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Bill H 171 (2017-2018)Summary date: Feb 22 2017 - View Summary
View: All Summaries for Bill
Identical to S 279, filed 3/15/17.