Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Tax committee advances 10‑year property tax exemption for new energy storage systems after date amendment
Summary
House Bill 2083 would subject new energy storage systems to a 10‑year property tax exemption and remove them from the CIME exemption; the committee approved an amendment moving enactment to Jan. 1, 2025 and reported the bill favorably as amended.
House Bill 2083 would make new energy storage systems eligible for a 10‑year property tax exemption and explicitly exclude such systems from lifetime treatment under the state commercial and industrial machinery and equipment (CIME) exemption.
Reviser summary and amendment: The reviser told the committee the bill would provide a 10‑year exemption for new energy storage systems and remove them from the CIME lifetime exemption. Representative Poe Heisel offered an amendment to change the bill’s effective date forward to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
