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SB 584 (2024)

Exempt some renewable energy facilities from state property tax; send Communications Services Tax revenue to education

Summary:

Adds an exemption to the state property tax for electric generating facilities subject to a payment in lieu of taxes (PILOT) agreement with a city or town as a renewable generation facility. This bill also transfers 50% of the annual communications services tax revenue to the Education Trust Fund.

Bill Sponsor:
Timothy P. Lang Sr.
Republican party logo
Bill Became Law?:
No
Status:
SENATE
Status Detail:
Interim Study
Public Hearing Date:
01/17/2024 10:00 am
Public Hearing Location:
SH Room 100
Senate Voting Date:
03/21/2024
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