HB 320 – AS INTRODUCED
2007 SESSION
10/09
HOUSE BILL 320
AN ACT relative to the tax exemption for solar energy systems.
COMMITTEE: Municipal and County Government
This bill limits the amount of the annual property tax exemption for solar energy systems to the cost of the installation of the system.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
07-0812
10/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seven
AN ACT relative to the tax exemption for solar energy systems.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Tax Exemption; Solar Energy System. 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. The amount of the exemption granted shall not exceed the actual cost of the installation of the solar energy system and shall be granted whether or not the cost of the solar energy system is included in the assessed value of the property.
2 Effective Date. This act shall take effect April 1, 2007.