2009 House Bill 4004

Authorize alternative energy income tax break

Introduced in the House

Jan. 22, 2009

Introduced by Rep. Brian Calley (R-87)

To authorize a refundable income tax credit equivalent to 50 percent of the amount spent on a wind, water, biomass or solar energy system in a residence. “Refundable” means the state would write a check for the amount exceeding a taxpayer’s income tax liability, in effect making this a cash subsidy in many cases.

Referred to the Committee on Energy and Technology