Senate Bill No. 451, identified as File No. 551, proposes the establishment of a working group to examine the property tax exemption for solar photovoltaic systems under subdivision (57) of section 12-81 of the general statutes. The bill aims to analyze how these Class I renewable energy sources are sited in municipalities, the customers or end users of the electricity generated, and any other relevant matters. The working group will consist of the chairpersons of the joint standing committees of the General Assembly with cognizance over energy and technology, municipal matters, and finance, revenue, and bonding, as well as other individuals such as municipal tax assessors.

The bill outlines the administrative details of the working group, including the appointment of chairpersons, the scheduling of the first meeting, and the provision of administrative staff. It also sets a deadline for the working group to submit a report on its findings and recommendations by January 1, 2025, to the relevant joint standing committees. The working group will terminate upon submission of the report or on January 1, 2025, whichever is later. The bill indicates that there will be no fiscal impact from convening the working group and that the act will take effect upon passage, amending the sections as specified. The Office of Legislative Research does not analyze Special Acts, and the Finance, Revenue and Bonding Committee has given a joint favorable recommendation without opposition.