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NC H172
Bill
Status
Introduced
2/22/2017
Primary Sponsor
James Dixon
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AI Summary
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Amends G.S. 105-333(12) to classify solar energy property owned by public service companies as nonsystem property rather than system property.
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Specifies that real and personal property used directly and exclusively for converting solar energy to electricity shall be treated as nonsystem property.
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Applies to taxes imposed for taxable years beginning on or after July 1, 2017.
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Effective date is July 1, 2017.
Legislative Description
Include Solar Property as Nonsystem Property
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