MD HB1111

Expands eligibility for Maryland's Small Solar Energy Generating System Incentive Program to include floating solar systems located on water retention ponds or quarries currently or previously designated for industrial use

Exempts nonresidential solar systems constructed on brownfields or operating as floating systems from property tax valuation, in addition to existing exemptions for rooftop and parking canopy systems

Authorizes Baltimore City and county/municipal governments to grant property tax credits for nonresidential solar systems built on brownfields or industrial water retention ponds/quarries

Eligible systems must have generating capacity between 20 kilowatts and 5 megawatts and be placed in service between July 1, 2024 and January 1, 2028

Takes effect July 1, 2025; approved by Governor Wes Moore on May 13, 2025