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2016 SESSION
HB 1305 Solar and wind energy equipment, etc.; tax exemptions.
Introduced by: Jackson H. Miller | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Sales and use tax exemption and real and personal property tax exemption; solar and wind energy equipment, facilities, and devices. Provides a sales and use tax exemption for machinery, tools, and equipment of a public service corporation used to generate energy derived from sunlight or wind, which expires June 30, 2027.
The bill also alters the types of projects of solar photovoltaic (electric energy) systems that qualify for the real and personal property tax exemptions on photovoltaic equipment and facilities. The full exemption is for such equipment and facilities used in (i) projects equaling 20 megawatts or less for which an initial interconnection request form is filed on or before December 31, 2018; (ii) projects equaling 20 megawatts or less that serve a public institution of higher education or a private college; and (iii) projects equaling 5 megawatts or less for which an initial interconnection request form is filed on or after January 1, 2019. The exemption is for 80% of the assessed value of such equipment and facilities used in (a) projects greater than 20 megawatts for which an initial interconnection request form has been filed with an electric utility or a regional transmission organization after January 1, 2015, and first in service on or after January 1, 2017, and (b) projects greater than 5 megawatts for which an initial interconnection request form is filed on or after January 1, 2019. Under current law, the property tax exemption is for projects equaling 20 megawatts or less. The bill provides that the exemption for projects greater than 20 megawatts shall not apply to projects upon which construction begins after January 1, 2024. The bill has a delayed effective date of January 1, 2017.
FULL TEXT
- 01/21/16 House: Presented and ordered printed 16104142D pdf | impact statement
- 02/15/16 House: Committee substitute printed 16105334D-H1 pdf | impact statement
- 03/03/16 House: Bill text as passed House and Senate (HB1305ER) pdf | impact statement
- 03/04/16 House: Bill text as passed House and Senate reprinted (HB1305ER) pdf | impact statement
- 03/11/16 Governor: Acts of Assembly Chapter text (CHAP0346) pdf
AMENDMENTS
HISTORY
- 01/21/16 House: Presented and ordered printed 16104142D
- 01/21/16 House: Referred to Committee on Finance
- 01/28/16 House: Assigned Finance sub: Subcommittee #3
- 02/12/16 House: Subcommittee recommends reporting with amendment(s) (5-Y 0-N)
- 02/15/16 House: Reported from Finance with substitute (20-Y 1-N)
- 02/15/16 House: Committee substitute printed 16105334D-H1
- 02/16/16 House: Read first time
- 02/17/16 House: Passed by for the day
- 02/18/16 House: Read second time
- 02/18/16 House: Committee substitute agreed to 16105334D-H1
- 02/18/16 House: Engrossed by House - committee substitute HB1305H1
- 02/19/16 House: Read third time and passed House (88-Y 9-N 1-A)
- 02/19/16 House: VOTE: PASSAGE (88-Y 9-N 1-A)
- 02/22/16 Senate: Constitutional reading dispensed
- 02/22/16 Senate: Referred to Committee on Finance
- 03/01/16 Senate: Reported from Finance with amendment (13-Y 0-N 1-A)
- 03/02/16 Senate: Constitutional reading dispensed (40-Y 0-N)
- 03/02/16 Senate: Read third time
- 03/02/16 Senate: Reading of amendment waived
- 03/02/16 Senate: Committee amendment agreed to
- 03/02/16 Senate: Engrossed by Senate as amended
- 03/02/16 Senate: Passed Senate with amendment (37-Y 2-N 1-A)
- 03/02/16 House: Senate amendment agreed to by House (86-Y 6-N 2-N)
- 03/02/16 House: VOTE: ADOPTION (86-Y 6-N 2-A)
- 03/03/16 House: Enrolled
- 03/03/16 House: Bill text as passed House and Senate (HB1305ER)
- 03/03/16 House: Signed by Speaker
- 03/03/16 Senate: Signed by President
- 03/04/16 House: Bill text as passed House and Senate reprinted (HB1305ER)
- 03/04/16 House: Enrolled Bill communicated to Governor on 3/4/16
- 03/04/16 Governor: Governor's Action Deadline Midnight, March 11, 2016
- 03/07/16 House: Enrolled Bill communicated to Governor on 3/7/2016
- 03/07/16 Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016
- 03/11/16 Governor: Approved by Governor-Chapter 346 (effective 1/1/17)
- 03/11/16 Governor: Acts of Assembly Chapter text (CHAP0346)