Introduced
by
To authorize a refundable income tax credit equal to 50 percent of the cost to a taxpayer of purchasing and installing certain residential renewable energy systems in his or her home, including solar, wind, etc. “Refundable” means that if the credit exceeds the taxpayer’s tax liability the state will send him or her a check for the difference. The bill contains no upper limit on the value of the credit, so it would essentially pay for half of any “renewable” energy system included under the bill’s broad definition.
Referred to the Committee on Energy and Technology
