MS HB91

Allows a 30% income and/or franchise tax credit on the first $50,000 of costs for purchasing, leasing, and installing solar electric energy systems on residential or commercial property in Mississippi, applicable to systems installed on or after January 1, 2013, through July 1, 2025.

Credit may be claimed on the tax return for the year the system is completed and placed in service, and excess credits result in refunds from the Department of Revenue within 90 days.

Only one tax credit is available per system; if property or system is sold, the purchaser is ineligible to claim the credit.

Prohibits homeowners associations and covenants from restricting, prohibiting, or imposing unreasonable fees on solar system installation, and bans discrimination against members for installing solar systems; allows associations to prescribe reasonable guidelines on scale and size that do not impair system function or efficiency.

Homeowners who prevail in civil actions against associations or covenants for violations of solar installation restrictions shall be awarded reasonable attorney's fees and court costs.