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NC H171

Bill

Official Source

Status

Introduced

2/22/2017

Primary Sponsor

James Dixon

Click for details

Origin

House of Representatives

2017-2018 Session

AI Summary

  • Reduces the property tax exclusion for solar energy electric systems from 80% to 60% of appraised value
  • Applies to all equipment used directly and exclusively for the conversion of solar energy to electricity
  • Becomes effective July 1, 2017 for taxable years beginning on or after that date
  • Increases the taxable portion of solar energy systems from 20% to 40%

Legislative Description

Change Exclusion for Solar Energy Systems

Last Action

Ref to the Com on Energy and Public Utilities, if favorable, Finance

2/23/2017

Committee Referrals

Energy and Public Utilities2/23/2017

Full Bill Text

No bill text available