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HB785

Energy storage systems; clarifies the tax treatment of systems.

Status:
Killed

Chief Patron:
Charniele Herring (D)

Session:
2024 Regular Session

Summary

As Introduced. Tax exempt property; energy storage systems.

Clarifies the tax treatment of energy storage systems. The bill strikes language that overrides the provision requiring the amount of tax exemption for energy storage systems to be 100 percent if the taxing locality has implemented a revenue share for such systems.
  • Bill History

  • 01/09/2024 - House: Prefiled and ordered printed; offered 01/10/24 24102673D
  • 01/09/2024 - House: Referred to Committee on Finance
  • 01/22/2024 - House: Assigned Finance sub: Subcommittee #2
  • 01/23/2024 - House: Subcommittee recommends reporting (8-Y 0-N)
  • 01/24/2024 - House: Reported from Finance (21-Y 0-N)
  • 01/26/2024 - House: Read first time
  • 01/29/2024 - House: Read second time and engrossed
  • 01/29/2024 - House: Impact statement from SCC (HB785)
  • 01/30/2024 - House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
  • 01/30/2024 - House: VOTE: Block Vote Passage (100-Y 0-N)
  • 01/31/2024 - Senate: Constitutional reading dispensed
  • 01/31/2024 - Senate: Referred to Committee on Finance and Appropriations
  • 02/27/2024 - Senate: Passed by indefinitely in Finance and Appropriations (15-Y 0-N)