Old | New | Differences | |
---|---|---|---|
1 | 1 | General Assembly Proposed Bill No. 146 | |
2 | 2 | January Session, 2013 LCO No. 746 | |
3 | 3 | Referred to Committee on ENERGY AND TECHNOLOGY | |
4 | 4 | Introduced by: | |
5 | 5 | SEN. LOONEY, 11th Dist. | |
6 | 6 | ||
7 | 7 | General Assembly | |
8 | 8 | ||
9 | 9 | Proposed Bill No. 146 | |
10 | 10 | ||
11 | 11 | January Session, 2013 | |
12 | 12 | ||
13 | 13 | LCO No. 746 | |
14 | 14 | ||
15 | 15 | Referred to Committee on ENERGY AND TECHNOLOGY | |
16 | 16 | ||
17 | 17 | Introduced by: | |
18 | 18 | ||
19 | 19 | SEN. LOONEY, 11th Dist. | |
20 | 20 | ||
21 | 21 | AN ACT CONCERNING PROPERTY TAX EXEMPTIONS FOR RENEWABLE ENERGY SOURCES. | |
22 | 22 | ||
23 | 23 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
24 | 24 | ||
25 | 25 | That section 12-81 of the general statutes be amended to exempt from property tax any Class I renewable energy source installed for the generation of electricity for commercial and industrial use, and to make such exemption applicable to assessment years commencing on or after October 1, 2012. | |
26 | 26 | ||
27 | 27 | Statement of Purpose: | |
28 | 28 | ||
29 | 29 | To encourage the use of renewable energy sources, and to allow the commercial and industrial sectors to benefit from such sources by expanding current law that allows the property tax exemption for renewable energy sources only if the generation of electricity is for residential or farm use. |