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HB2083: Providing a property tax exemption for new energy storage systems and excluding new energy storage systems from the commercial and industrial machinery and equipment exemption.
In CommitteeHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill proposes exempting new energy storage systems from property taxes and excluding them from a commercial and industrial machinery exemption.
Who This Affects
Homeowners and businesses installing new energy storage systems would benefit from this tax break. This could be especially helpful for those looking to invest in renewable energy sources like solar power.
Key Provisions
• Provides a property tax exemption for new energy storage systems
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Timeline
Introduced
Wednesday, January 22, 2025
Last Action
Senate Hearing: Tuesday, March 11, 2025, 9:30 AM Room 548-S
Mar 10, 2025
Sponsors
No sponsors listed.
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