FL S0090

Prohibits consideration of just value from residential renewable energy source devices (solar, wind, geothermal) when assessing residential property taxes, and prohibits 80 percent of the value for nonresidential properties installed after January 1, 2018.

Exempts 80 percent of assessed value of renewable energy source devices considered tangible personal property from ad valorem taxation if installed on or after January 1, 2018, with exemption expiring December 31, 2037.

Exempts 80 percent of assessed value of renewable energy source devices affixed to United States Department of Defense military property from ad valorem taxation.

Creates Part II of Chapter 520 establishing disclosure requirements for distributed energy generation system sales and leases, including system specifications, costs, tax implications, warranties, and rescission rights for residential properties.

Requires sellers installing distributed energy generation systems to comply with applicable safety standards under Chapter 489 and Chapter 553, and authorizes Department of Business and Professional Regulation to adopt implementing rules and publish standard disclosure forms by January 1, 2018.