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CT HB05538
Bill
Status
Engrossed
5/8/2012
Primary Sponsor
Bruce Zalaski
Click for details
AI Summary
- Expands property tax exemptions for Class I renewable energy sources and hydropower facilities to include business and industrial properties, in addition to existing coverage for private residences and farms
- Establishes October 1, 2012 as the effective date for business and industrial installations to qualify for exemptions, while maintaining October 1, 2007 date for residential and farm installations
- Requires property owners to file written applications with local assessors by November 1st of each assessment year to claim the exemption, with failure to file constituting a waiver for that year
- Maintains exemption eligibility for subsequent years without reapplication unless the renewable energy installation is altered in a manner requiring a building permit
- Covers solar water and space heating systems, geothermal energy resources, and passive or active solar installations
Legislative Description
An Act Concerning Property Tax Exemptions For Solar And Other Renewable Energy Source Installations.
Last Action
Senate Calendar Number 525
5/9/2012
Committee Referrals
Planning and Development3/15/2012
Full Bill Text
No bill text available