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CT HB05232

CT HB05232
An Act Concerning Tax Incentives For The Installation Of Renewable Energy Systems.


summary

Introduced
01/14/2025
In Committee
01/14/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To clarify criteria for property tax exemptions for renewable energy systems and to simplify the application process for such exemptions.

AI Summary

This bill aims to clarify and simplify the property tax exemption process for renewable energy systems. While the specific details of the changes are not fully elaborated in the provided text, the bill seeks to make it easier for property owners to obtain tax exemptions when they install renewable energy technologies like solar panels, wind turbines, or other clean energy systems. By clarifying the criteria and streamlining the application process, the legislation intends to encourage more widespread adoption of renewable energy by reducing the financial barriers associated with such installations. The bill appears to be designed to support the state's goals of promoting clean energy and providing financial incentives for property owners who invest in sustainable energy infrastructure.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (1)

Last Action

Change of Reference, Senate to Committee on Finance, Revenue and Bonding (on 02/14/2025)

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