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ID H0322
Bill
AI Summary
- Removes wind and solar power from qualifying equipment eligible for sales tax rebates on alternative electricity generation equipment
- Retains rebate eligibility for fuel cells, low impact hydro, geothermal resources, biomass, cogeneration, and landfill gas equipment
- Requires purchasers to achieve commercial operation of electrical generating facilities by December 31, 2014, with minimum capacity of 25 kilowatts to qualify for rebates
- Changes rebate process to require certification from a public utility, cooperative, municipality, or public utilities commission before filing refund request with state tax commission
- Extends sunset date of the rebate program from July 1, 2011, to July 1, 2014
Legislative Description
Amends existing law to revise requirements regarding the sales tax rebate for equipment used in alternative methods of generation of electricity; and extending the sunset date to July 1, 2014.
SALES AND USE TAX
Last Action
to Rev/Tax
3/29/2011
Committee Referrals
Revenue and Taxation3/29/2011
Full Bill Text
No bill text available