Introduced
by
To specify that fuel cell energy systems, photovoltaic energy systems, and wind energy systems are subject to personal property tax. Personal property tax is a tax on the tools and equipment of a business and is levied at the same rate as regular property taxes on real property (land and buildings). Several state laws authorize granting various personal property tax breaks to particular companies.
Referred to the Committee on Technology and Energy
Reported without amendment
With the recommendation that the bill be referred to the Committee on Finance.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 37 to 0 (details)
To specify that fuel cell energy systems, photovoltaic energy systems, and wind energy systems are subject to personal property tax. Personal property tax is a tax on the tools and equipment of a business and is levied at the same rate as regular property taxes on real property (land and buildings). Several state laws authorize granting various personal property tax breaks to particular companies, and the bill would make these systems eligible for such tax breaks.
Referred to the Committee on Energy and Technology
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 107 to 0 (details)
To specify that fuel cell energy systems, photovoltaic energy systems, and wind energy systems are subject to personal property tax. Personal property tax is a tax on the tools and equipment of a business and is levied at the same rate as regular property taxes on real property (land and buildings). Several state laws authorize granting various personal property tax breaks to particular companies, and the bill would make these systems eligible for such tax breaks.
