Bill Text - HB1406 (2020)

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


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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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