Bill Text: NH SB530 | 2020 | Regular Session | Introduced
Bill Title: Relative to property tax exemptions for renewable energy systems.
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: (Introduced - Dead) 2020-06-16 - Vacated from Committee and Laid on Table, Motion Adopted, Voice Vote; 06/16/2020 Senate Journal 8 [SB530 Detail]
Download: New_Hampshire-2020-SB530-Introduced.html
SB 530 - AS INTRODUCED
2020 SESSION
20-2971
10/06
SENATE BILL 530
AN ACT relative to property tax exemptions for renewable energy systems.
SPONSORS: Sen. Fuller Clark, Dist 21; Sen. Bradley, Dist 3; Rep. Backus, Hills. 19; Rep. Moffett, Merr. 9; Rep. McGhee, Hills. 40; Rep. Cali-Pitts, Rock. 30
COMMITTEE: Election Law and Municipal Affairs
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ANALYSIS
This bill clarifies the application of municipally enabled property tax exemptions for solar, wind, woodheating, and electrical storage systems.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
20-2971
10/06
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty
AN ACT relative to property tax exemptions for renewable energy systems.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Property Taxation; Exemption for Solar Energy Systems. Amend RSA 72:62 to read as follows:
72:62 Exemption for Solar Energy Systems. Each city and town may adopt under RSA 72:27-a an exemption from the assessed value, for property tax purposes, for persons owning real property which is equipped with or that is a solar energy system as defined in RSA 72:61.
2 Property Taxation; Exemption for Wind-Powered Energy Systems. Amend RSA 72:66 to read as follows:
72:66 Exemption for Wind-Powered Energy Systems. Each city and town may adopt under RSA 72:27-a an exemption from the assessed value, for property tax purposes, for persons owning real property which is equipped with or that is a wind-powered energy system.
3 Property Taxation; Exemption for Woodheating Energy Systems. Amend RSA 72:70 to read as follows:
72:70 Exemption for Woodheating Energy Systems. Each city and town may adopt under RSA 72:27-a an exemption from the assessed value, for property tax purposes, for persons owning real property which is equipped with or that is a woodheating energy system.
4 Property Taxation; Exemption for Electric Energy Storage Systems. Amend RSA 72:85 to read as follows:
72:85 Exemption for Electric Energy Storage Systems. A city or town may adopt an exemption under RSA 72:27-a from the assessed value for property tax purposes, for persons owning real property which is equipped with or that is an electrical energy storage system.
5 Effective Date. This act shall take effect 60 days after its passage.
