Income tax, state; credit for solar energy equipment systems. (HB883)

Introduced By

Del. Mark Sickles (D-Alexandria)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Income tax credit; solar energy equipment systems.  Provides a personal and corporate income tax credit beginning January 1, 2012, for the purchase and installation of equipment that (i) generates electricity from solar energy or (ii) uses solar energy to heat or cool a structure or provide hot water. The amount of the credit would be 10 percent of the cost of purchasing and installing eligible solar energy equipment systems, capped at $1,000 per year. Any unused tax credit could be carried over for five years until all the tax credit is taken. The solar energy equipment system must provide a minimum of 10 percent of the energy needs of the structure in which it is installed, and must be approved by the Department of Mines, Minerals and Energy. Read the Bill »


Bill Has Failed


01/11/2012Prefiled and ordered printed; offered 01/11/12 12102214D
01/11/2012Referred to Committee on Finance
02/02/2012Impact statement from TAX (HB883)
02/06/2012Continued to 2013 in Finance
11/29/2012Left in Finance