summary
Introduced
04/02/2025
04/02/2025
In Committee
04/30/2025
04/30/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Session
Bill Summary
AN ACT TO PHASE OUT THE PROPERTY TAX EXCLUSION FOR SOLAR ENERGY ELECTRIC SYSTEMS.
AI Summary
This bill gradually phases out the property tax exclusion for solar energy electric systems over a four-year period in North Carolina. Currently, 80% of the appraised value of solar energy electric systems (defined as equipment used directly and exclusively for converting solar energy to electricity) is excluded from property tax calculations. Starting July 1, 2026, the exclusion will be reduced to 60%, then to 40% in 2027, and to 20% in 2028. By July 1, 2029, the property tax exclusion for solar energy electric systems will be completely eliminated. This means that property owners with solar energy systems will gradually have to pay more in property taxes as the tax exclusion percentage decreases each year, potentially making solar installations less financially attractive. The bill aims to reduce the tax incentive for installing solar energy systems, which could impact the growth of solar energy adoption in the state.
Committee Categories
Agriculture and Natural Resources, Budget and Finance, Transportation and Infrastructure
Sponsors (24)
Jimmy Dixon (R)*,
Julia Howard (R)*,
Dennis Riddell (R)*,
Dean Arp (R),
Brian Biggs (R),
Hugh Blackwell (R),
Jerry Branson (R),
William Brisson (R),
Celeste Cairns (R),
Blair Eddins (R),
Kelly Hastings (R),
Neal Jackson (R),
Donnie Loftis (R),
Charlie Miller (R),
Ben Moss (R),
Howard Penny (R),
Reece Pyrtle (R),
Stephen Ross (R),
Paul Scott (R),
Sarah Stevens (R),
Steve Tyson (R),
Bill Ward (R),
Sam Watford (R),
Matthew Winslow (R),
Last Action
Re-ref Com On Energy and Public Utilities (on 04/30/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ncleg.gov/BillLookUp/2025/H729 |
| Analysis - Summary H729-SMTQ-36(CSTQxf-20)-v-3 | https://dashboard.ncleg.gov/api/Services/BillSummary/2025/H729-SMTQ-36(CSTQxf-20)-v-3 |
| BillText | https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H729v3.pdf |
| Analysis - Summary H729-SMTM-22(CSTQxf-18)-v-4 | https://dashboard.ncleg.gov/api/Services/BillSummary/2025/H729-SMTM-22(CSTQxf-18)-v-4 |
| BillText | https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H729v2.pdf |
| BillText | https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H729v1.pdf |
| BillText | https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H729v0.pdf |
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