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NC H729
Bill
Status
Introduced
4/2/2025
Primary Sponsor
James Dixon
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AI Summary
- Phases out the property tax exclusion for solar energy electric systems over four years, reducing the excluded portion from 80% to 60% (July 2026), then 40% (July 2027), then 20% (July 2028)
- Completely repeals the solar energy property tax exclusion effective July 1, 2029, making solar systems fully taxable at appraised value
- Defines "solar energy electric system" as all equipment used directly and exclusively for converting solar energy to electricity
- Despite the short title "Farmland Protection Act," the bill contains no direct provisions addressing farmland; the title implies reducing incentives for solar installations on agricultural land
Legislative Description
Farmland Protection Act
Infrastructure
Last Action
Re-ref Com On Energy and Public Utilities
4/30/2025
Committee Referrals
Energy and Public Utilities4/30/2025
Agriculture and Environment4/15/2025
Finance4/14/2025
Agriculture and Environment4/3/2025
Full Bill Text
No bill text available