CT HB05442

Delays the effective date for a property tax exemption on solar photovoltaic equipment from October 1, 2025 to October 1, 2026, applying to systems that receive permission to operate from an electric distribution company or municipal utility on or after July 1, 2026

Requires municipal assessors to issue certificates of correction to the October 1, 2025 grand list to implement the exemption date change if the grand list was already published before the bill's passage

Authorizes municipalities to enter tax freeze or stabilization agreements with solar photovoltaic system owners, with such agreements applying in lieu of the standard tax imposed under section 12-121dd

Clarifies that pre-July 1, 2026 tax agreements under chapter 203 will apply to solar systems that receive permission to operate on or after July 1, 2026

Specifies that for photovoltaic systems spanning multiple municipalities, tax stabilization agreements only apply to the tax portion allocated to the municipality entering the agreement