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FL H1411
Bill
Status
5/5/2017
Primary Sponsor
Lori Berman
Click for details
AI Summary
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Revises the definition of "renewable energy source device" under Florida Statutes s. 193.624 to include solar, wind, and geothermal equipment and components, with clarifications on what constitutes integral parts versus excluded backup systems.
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Prohibits consideration of the value added by renewable energy source devices when assessing the just value of residential real property for property tax purposes.
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Creates a new tangible personal property tax exemption for renewable energy source devices under s. 196.182, effective through December 31, 2037.
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Modifies homestead assessment and nonhomestead residential property assessment statutes (s. 193.155 and s. 193.1554) to incorporate the updated renewable energy device definition by reference.
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Establishes an expiration date of December 31, 2037 for the property assessment exemptions created by this act, with the provisions reverting to prior law except for any other amendments enacted independently.
Legislative Description
Renewable Energy Source Devices
Last Action
Died in Energy and Utilities Subcommittee, companion bill(s) passed, see CS/SB 90 (Ch. 2017-118)
5/5/2017