Bill > A01013

This bill expands the solar energy system equipment tax credit to cover solar energy system equipment installed in a "community solar array." A community solar array is defined as a location other than a person's principal residence where solar energy system equipment is owned and installed for use in such person's principal residence. The bill also allows the tax credit to be prorated when the solar energy system equipment is purchased and installed in a community solar array shared by two or more taxpayers. The bill takes effect immediately and applies to taxable years starting on or after January 1, 2023.