Introduced
by
To exempt large industrial solar energy arrays covering many acres from the state “personal property tax,” and instead levy a tax on an installation equal to $3,500 per megawatt of the solar panels’ nominal “nameplate capacity,” with the revenue allocated to different taxing units using the same formula as regular property taxes. Senate Bill 1105 authorizes the new tax and Senate Bill 1106 authorizes the personal property tax exemption. The Senate Fiscal Agency estimates the bill would likely reduce local collections by a modest amount, but that state school tax receipts potentially could be reduced.
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.
Passed in the Senate 23 to 14 (details)
Referred to the Committee on Ways and Means
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Amendment offered
by
To index the proposed tax to inflation.
The amendment failed by voice vote
Amendment offered
by
To increase the proposed alternative tax rate from $4,000 to $5,800 per megawatt of generation capacity.
The amendment failed by voice vote
Passed in the House 73 to 34 (details)
To exempt large industrial solar energy arrays covering many acres from the state “personal property tax,” and instead levy a tax on an installation equal to $3,500 per megawatt of the solar panels’ nominal “nameplate capacity,” with the revenue allocated to different taxing units using the same formula as regular property taxes. Senate Bill 1105 authorizes the new tax and Senate Bill 1106 authorizes the personal property tax exemption. The Senate Fiscal Agency estimates the bill would likely reduce local collections by a modest amount, but that state school tax receipts potentially could be reduced.
Passed in the Senate 25 to 13 (details)
