The proposed bill, General Assembly Proposed Bill No. 899, aims to establish a uniform solar capacity tax on equipment and devices specifically designed for collecting solar energy and generating electricity through photovoltaic means. This initiative is intended to create a standardized tax framework for solar energy systems, promoting consistency across the state in how solar energy equipment is taxed.
The bill introduces new legal language to amend the general statutes, implementing this uniform tax while not indicating any deletions from current law. The overarching goal is to enhance the regulation of solar energy systems and potentially generate revenue from the growing solar industry, aligning with broader energy and technology policies.