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SB530: relative to property tax exemptions for renewable energy systems.

Citation
2020 SB530
Official source

Bill details

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

Senate status
Laid on Table
Committee
Senate Election Law and Municipal Affairs
Hearing
03/04/2020 at 10:00 AM
Selected version
Current official bill text

Sponsors

Topics

Election Law and Municipal Affairs Energy and utilities Housing and property Taxation

Official links

SB 530 - AS INTRODUCED

2020 SESSION

20-2971

10/06

SENATE BILL 530

AN ACT relative to property tax exemptions for renewable energy systems.

SPONSORS: Sen. Fuller Clark, Dist 21; Sen. Bradley, Dist 3; Rep. Backus, Hills. 19; Rep. Moffett, Merr. 9; Rep. McGhee, Hills. 40; Rep. Cali-Pitts, Rock. 30

COMMITTEE: Election Law and Municipal Affairs

ANALYSIS

This bill clarifies the application of municipally enabled property tax exemptions for solar, wind, woodheating, and electrical storage systems.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

20-2971

10/06

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty

AN ACT relative to property tax exemptions for renewable energy systems.

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

1 Property Taxation; Exemption for Solar Energy Systems. 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 or that is a solar energy system as defined in RSA 72:61.

2 Property 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 or that is a wind-powered energy system.

3 Property Taxation; Exemption for Woodheating Energy Systems. Amend RSA 72:70 to read as follows:

72:70 Exemption for Woodheating 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 or that is a woodheating energy system.

4 Property Taxation; Exemption for Electric Energy Storage Systems. Amend RSA 72:85 to read as follows:

72:85 Exemption for Electric Energy Storage Systems. A city or town may adopt an exemption under RSA 72:27-a from the assessed value for property tax purposes, for persons owning real property which is equipped with or that is an electrical energy storage system.

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