Solar photovoltaic systems; bonding requirement, property tax exemption. (SB1091)

Introduced By

Sen. Bryce Reeves (R-Spotsylvania) with support from co-patron Del. Kaye Kory (D-Falls Church)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Property tax exemption for solar photovoltaic systems; bonding requirement; regulations. Requires an owner or operator of solar photovoltaic systems and related equipment to submit a performance and reclamation bond to the Department of Mines, Minerals and Energy (the Department) in order to qualify for a property tax exemption. The bill also requires the Department to promulgate regulations requiring all such owners and operators to submit decommissioning and site reclamation plans. Amends § 58.1-3660, of the Code of Virginia. Read the Bill »

Status

12/19/2018: Awaiting a Vote in the Finance Committee

History

DateAction
12/19/2018Prefiled and ordered printed; offered 01/09/19 19100804D
12/19/2018Referred to Committee on Finance

Comments

Bill Peabody writes:

bond ? guild
vote no

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