Relates to exempting payment in lieu of tax payments relating to energy systems from school district and local government tax levies.
Property tax: payment in lieu of taxes; payment in lieu of taxes for renewable energy facilities; provide for. Amends secs. 9 & 9f of 1893 PA 206 (MCL 211.9 & 211.9f). TIE BAR WITH: HB 4317'23
Directs the department of public service to promulgate rules, regulations and model policies regarding setback requirements for the siting of battery energy storage systems and for financial surety requirements; requires minimum setback requirements for commercial energy storage systems, with a capacity of five megawatts or greater, of no less than one thousand feet from residential property; requires public hearings prior to the approval of an application for a permit for such systems.
Requires 12.5% of profits generated from a solar or wind energy system to be paid to a taxing jurisdiction or land owner under certain agreements for the installation and use of such solar or wind energy system, in addition to other PILOT or other payments required under such agreement.
School District In-lieu-of-taxes Payments
Requires municipalities to share certain payments in lieu of property taxes with school districts; informs counties, school districts, and DCA of certain information related to property tax exemptions and abatements.
Williamson Act: payments to local governments.
Nuclear generating plants; revise distribution of payments made in-lieu ad valorem taxes.
Nuclear in Lieu Tax Distribution Equity Act; create to revise allocation of Grand Gulf payments.
Nuclear generating plants; revise distribution of payments made in-lieu of ad valorem taxes.