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HB1406: (New Title) relative to the property tax exemptions for solar and wind-powered energy systems.

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

Sponsors

Topics

Energy and Natural Resources Energy and utilities Housing and property Taxation

Official links

HB 1406 - AS AMENDED BY THE HOUSE

19Feb2020... 0484h

2020 SESSION

20-2175

05/10

HOUSE BILL 1406

AN ACT relative to the property tax exemptions for solar and wind-powered energy systems.


AMENDED ANALYSIS

This bill provides that a municipality that adopts a property tax exemption for solar energy systems or wind-powered energy systems may adopt exemption limits for off grid, net metered, group net metered, and direct retail arrangements.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

19Feb2020... 0484h

20-2175

05/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty

AN ACT relative to the property tax exemptions for solar and wind-powered energy systems.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Persons and Property Liable to Taxation; Exemption for Solar Energy Systems; Adoption of Exemption. Amend RSA 72:62 to read as follows:

72:62 Exemption for Solar Energy Systems. Each city and town may adopt under RSA 72:27-a an exemption from the assessed value, for property tax purposes, for persons owning real property which is equipped with a solar energy system as defined in RSA 72:61. A city or town adopting an exemption under this section may adopt specific exemption limits for off grid, net metered, group net metered, and direct retail sale arrangements.

2 Persons and Property Liable to Taxation; Exemption for Wind-Powered Energy Systems. Amend RSA 72:66 to read as follows:

72:66 Exemption for Wind-Powered Energy Systems. Each city and town may adopt under RSA 72:27-a an exemption from the assessed value, for property tax purposes, for persons owning real property which is equipped with a wind-powered energy system. A city or town adopting an exemption under this section may adopt specific exemption limits for off grid, net metered, group net metered, and direct retail sale arrangements.

3 Effective Date. This act shall take effect 60 days after its passage.