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Bill > S1763


MA S1763

Relative to clarifying property tax exemptions for solar and wind systems


summary

Introduced
01/22/2019
In Committee
05/28/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation relative to clarifying property tax exemptions for solar and wind systems. Revenue.

AI Summary

This bill clarifies property tax exemptions for solar and wind power systems in Massachusetts. It exempts solar or wind power systems that produce up to 125% of the annual electricity needs of the real property where they are located. For systems that produce more than 125% of the property's needs, the owner must enter into a payment-in-lieu-of-taxes agreement with the municipality. The bill also directs the Department of Revenue, in consultation with the Department of Energy Resources, to provide guidance on the valuation and assessment of taxes for these larger solar and wind power systems. The bill does not require municipalities to adopt the guidance, but allows them to consider it when negotiating payment-in-lieu-of-taxes agreements.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Rules (on 05/28/2020)

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