Bill > HB2402

This bill modifies provisions related to electric utilities, with a particular focus on solar energy projects and property taxation. It introduces new assessment methodologies for solar energy projects beginning January 1, 2027, establishing a flat tax liability of $2,500 per megawatt of nameplate capacity for real property associated with solar energy generation. The bill also allows county commissions to opt in to limit solar energy projects to no more than 4% of county cropland and mandates setback distances of at least 500 feet from occupied dwellings, churches, or schools for solar projects built after January 1, 2027. Additionally, the legislation updates property classification and assessment rules for solar equipment, ensuring that land associated with solar energy projects over five megawatts will be classified as commercial property and personal property will be assessed under specific tangible personal property guidelines. The bill provides flexibility for solar energy companies and maintains provisions for existing tax agreements, while also establishing new requirements for property rights and project development.

Transportation and Infrastructure

https://house.mo.gov/Bill.aspx?bill=HB2402&year=2026&code=R