Solar photovoltaic projects; local taxation for projects less than five megawatts or less. (HB1087)

Introduced By

Del. Jay Leftwich (R-Chesapeake)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Local taxation for solar photovoltaic projects five megawatts or less. Provides that generating equipment of solar photovoltaic projects five megawatts or less shall be taxable by a locality, at a rate determined by such locality, but shall not exceed the real estate rate applicable in that locality, and that the exemption shall be as follows: 80 percent of the assessed value in the first five years in service after commencement of commercial operation, 70 percent of the assessed value in the second five years in service, and 60 percent of the assessed value for all remaining years in service. The bill also provides that (i) solar photovoltaic projects five megawatts or less shall not be exempt from the assessment of a revenue share by ordinance of that locality and (ii) nothing in the bill shall be construed to authorize local taxation of generating or storage equipment of solar photovoltaic projects that serve the electricity needs of that property upon which such solar facilities are located. The bill does not apply to projects five megawatts or less that were approved by a locality prior to July 1, 2022. Read the Bill »


Bill Has Passed


01/12/2022Prefiled and ordered printed; offered 01/12/22 22103947D
01/12/2022Referred to Committee on Finance
01/27/2022Assigned Finance sub: Subcommittee #2
01/27/2022Impact statement from TAX (HB1087)
02/07/2022House subcommittee amendments and substitutes offered
02/07/2022Subcommittee recommends reporting with substitute (9-Y 0-N)
02/07/2022Reported from Finance with substitute (20-Y 2-N) (see vote tally)
02/07/2022Committee substitute printed 22105585D-H1
02/09/2022Read first time
02/10/2022Read second time
02/10/2022Committee substitute agreed to 22105585D-H1
02/10/2022Engrossed by House - committee substitute HB1087H1
02/11/2022Read third time and passed House (81-Y 18-N)
02/11/2022VOTE: Passage (81-Y 18-N) (see vote tally)
02/14/2022Constitutional reading dispensed
02/14/2022Referred to Committee on Finance and Appropriations
02/15/2022Impact statement from TAX (HB1087H1)
02/22/2022Reported from Finance and Appropriations with substitute (15-Y 0-N) (see vote tally)
02/22/2022Committee substitute printed 22106830D-S1
02/23/2022Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/24/2022Read third time
02/24/2022Reading of substitute waived
02/24/2022Committee substitute agreed to 22106830D-S1
02/24/2022Engrossed by Senate - committee substitute HB1087S1
02/24/2022Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/28/2022Senate substitute agreed to by House 22106830D-S1 (73-Y 25-N)
02/28/2022VOTE: Adoption (73-Y 25-N) (see vote tally)
03/02/2022Bill text as passed House and Senate (HB1087ER)
03/02/2022Signed by Speaker
03/03/2022Signed by President
03/04/2022Impact statement from TAX (HB1087ER)
03/11/2022Enrolled Bill communicated to Governor on March 11, 2022
03/11/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
04/11/2022G Approved by Governor-Chapter 492 (effective 7/1/22)
04/11/2022G Acts of Assembly Chapter text (CHAP0492)