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2020 SESSION

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SB 762 Solar energy projects; revenue share assessment.

Introduced by: George L. Barker | all patrons    ...    notes | add to my profiles | history

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:

Solar energy projects; revenue share assessment. Authorizes any locality by ordinance to assess a revenue share of up to $1,400 per megawatt on any solar photovoltaic (electric energy) project with certain exceptions and expands an existing tax exemption for such projects under certain conditions. The bill authorizes such revenue share to apply to existing projects only if certain conditions are met. This bill is identical to HB 1131.

SUMMARY AS PASSED SENATE:

Solar energy projects; revenue share assessment. Authorizes any locality by ordinance to assess a revenue share of up to $1,400 per megawatt on any solar photovoltaic (electric energy) project with certain exceptions and expands an existing tax exemption for such projects under certain conditions. The bill authorizes such revenue share to apply to existing projects only if certain conditions are met. This bill is identical to HB 1131.

SUMMARY AS INTRODUCED:

Solar energy projects; revenue share assessment. Authorizes any locality by ordinance to assess a revenue share of up to $0.55 per megawatt hour on any solar photovoltaic (electric energy) project with certain exceptions and expands an existing tax exemption for such projects under certain conditions. The bill authorizes such revenue share to apply to existing projects only if certain conditions are met.