Legislation

Defining "taxpayer" as the owner of residential or commercial property who purchases and installs an energy storage system or an individual that owns or pays for the installation of an energy storage system that supplies energy for use on a residential or commercial property; providing a credit against the State income tax for the costs of installing an energy storage system; increasing from $75,000 to $150,000 the maximum tax credit certificate that may be issued for the installation of an energy storage system on certain property; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0980

Bill File Type: Regular

Effective Date(s): July 1, 2020

History

Legislation History
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax – Energy Storage Tax Credit – Alterations Proceedings
Chamber Senate Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action Hearing 2/26 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 2/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2020	2/03/2020	First Reading Budget and Taxation
			Text - First - Income Tax – Energy Storage Tax Credit – Alterations
Senate	2/06/2020	2/06/2020	Hearing 2/26 at 2:00 p.m.
Senate	2/10/2020	2/10/2020	Hearing canceled
Senate	2/10/2020	2/10/2020	Hearing 2/26 at 1:00 p.m.

File Code

Subjects

Statutes