Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House Finance committee advances substitute to tax renewable-energy personal property after amendments
Summary
After technical and policy amendments, the committee voted to report out a third substitute for HB 1960 that sets state and local excise taxes on personal property of new or opted‑in renewable energy and battery storage systems; roll call was 11 ayes, 4 nays.
The House Finance Committee on Jan. 29 approved a third substitute to House Bill 1960 that would permit state and local excise taxes on personal property associated with renewable-energy generating systems and battery-electric storage systems that become operational on or after Jan. 1, 2028, and for existing systems that opt in or meet the bill’s definition of repowered.
Sponsor Representative Rammell, in opening remarks, framed the bill as ensuring communities hosting renewable systems ‘‘realize a lasting economic benefit’’ and said he had worked with stakeholders and tribes to refine definitions and rates. "I really appreciate the committee's time and attention on this topic," Rammell said, adding that the…
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
