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Local tax; amount of exemption for solar energy equipment.

It became law on Apr 10, 2020.

VA HB 1434 · House Bill · 2020

Stage
Became law
Started in
House
Sponsor
Jerrauld C. "Jay" Jones
Latest action
Apr 10, 2020

What it does

Local tax exemption; solar energy equipment. Changes the local property tax exemption for solar energy projects from an 80 percent exemption for the life of the project to a step down scale of an 80 percent exemption in the first five years, 70 percent in the second five years, and 60 percent for all remaining years in service. The change applies to solar energy projects that are either (i) projects greater than 20 megawatts and less than 150 megawatts for which an initial interconnection request form has been filed with an electric utility or a regional transmission organization after January 1, 2015, and first in service on or after January 1, 2017, and (ii) projects equaling more than…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 10, 2020

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Virginia. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Local tax; amount of exemption for solar energy equipment. | 52