SB530 (2020) Detail

Relative to property tax exemptions for renewable energy systems.


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

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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

Links

SB530 at GenCourtMobile
SB530 Discussion

Action Dates

Date Body Type
March 4, 2020 Senate Hearing

Bill Text Revisions

SB530 Revision: 7724 Date: Dec. 24, 2019, 9:04 a.m.

Docket


June 16, 2020: No Pending Motion; 06/16/2020 SJ 8


June 16, 2020: Vacated from Committee and Laid on Table, MA, VV; 06/16/2020 SJ 8


March 4, 2020: Hearing: 03/04/2020, Room 102, LOB, 10:00 am; SC 8


Jan. 8, 2020: To Be Introduced 01/08/2020 and Referred to Election Law and Municipal Affairs; SJ 1