Bill > S03334

This bill provides a tax exemption from sales and compensating use taxes on alternative energy systems, including alternative energy systems, new Energy Star appliances, and tangible personal property used in or on habitable residential and non-residential structures to improve energy efficiency. It defines relevant terms and authorizes municipalities to adopt the exemption. The bill also includes provisions related to the administration and implementation of the exemption, such as requiring the Commissioner of Taxation and Finance to certify revenue forgone, billing procedures, and the ability for certain municipalities to elect to provide the exemption.