MO HB871

Creates a state income tax deduction equal to 100% of rebates or credits received by taxpayers who own interests in solar gardens, effective for tax years beginning January 1, 2016

Defines "solar garden" as a solar photovoltaic facility owned and financed at least in part by customer subscribers who receive compensation through rebates or credits on their electricity bills

Directs the Missouri Public Service Commission to promulgate rules by August 28, 2016 governing solar garden pilot projects, including ownership percentages, subscriber compensation, minimum size requirements, and location restrictions

Caps subscriber rebates or credits at 100% of their electricity bill and allows utilities to sell excess energy on the open market; energy produced counts toward state renewable energy mandates

Includes a sunset provision terminating the tax deduction program six years after the effective date unless reauthorized by the General Assembly