Bill > HB1002

This bill repeals the existing tax exemption for solar energy systems in New Hampshire by removing multiple references to solar energy system tax exemptions from various state tax laws. Specifically, the bill eliminates RSA 72:61 (which defines solar energy systems), RSA 72:62 (the tax exemption for solar energy systems), and RSA 72:64 (related to the solar energy system tax exemption) from the state's legal code. The changes will remove language referencing these solar energy tax exemptions from several sections of tax law, including provisions about property tax assessments, town and city tax adoption procedures, and commissioner interpretations of tax rules. These changes effectively mean that solar energy systems will no longer receive a special property tax exemption, which could potentially increase the tax burden for property owners with solar installations. The bill is set to take effect on April 1, 2027, providing a significant lead time for property owners and local governments to prepare for the change in tax treatment of solar energy systems.

Business and Industry

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1482&inflect=2