Revision: Feb. 19, 2020, 1:26 p.m.
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.
SPONSORS: Rep. Panasiti, Hills. 22; Rep. M. Murray, Hills. 22; Rep. Harrington, Straf. 3; Rep. Radhakrishnan, Hills. 22; Sen. Chandley, Dist 11
COMMITTEE: Municipal and County Government
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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.