Bill Summary for H 172 (2017-2018)

Printer-friendly: Click to view

Summary date: 

Feb 22 2017

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 172 (Public) Filed Wednesday, February 22, 2017
AN ACT TO INCLUDE CERTAIN SOLAR ENERGY PROPERTY AS NONSYSTEM PROPERTY.
Intro. by Dixon, J. Bell, Brody.

View: All Summaries for BillTracking:

Bill summary

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.