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NC H542

Bill

Official Source

Status

Introduced

4/2/2019

Primary Sponsor

James Dixon

Click for details

Origin

House of Representatives

2019-2020 Session

AI Summary

  • Amends G.S. 105-333(12) to classify solar energy conversion property as nonsystem property for tax purposes.

  • Real and personal property used directly and exclusively for converting solar energy to electricity shall be treated as nonsystem property owned by public service companies.

  • Becomes effective July 1, 2019, and applies to taxes imposed for taxable years beginning on or after that date.

  • Referred to Energy and Public Utilities, Finance, Rules, Calendar, and Operations of the House committees.

Legislative Description

Include Solar Property as Nonsystem Property

Last Action

Re-ref Com On Rules, Calendar, and Operations of the House

4/9/2019

Committee Referrals

Rules, Calendar, and Operations of the House4/9/2019
Energy and Public Utilities4/3/2019

Full Bill Text

No bill text available