SB 792 Tax exemptions and reductions for using clean energy.
Mary Margaret Whipple | all patrons    ...    notes
| add to my profiles

Summary as introduced:
Income and sales and use taxes; income tax credits and sales and use tax exemptions and reductions for producing and using clean and efficient energy. Provides several tax incentives for using clean and efficient energy including (i) a corporate income tax credit in an amount equal to 0.85 cents for each kilowatt of electricity produced from certain renewable energy resources; (ii) an individual and corporate income tax credit for the costs of photovoltaic and solar water heating property placed in service during the taxable year; (iii) exemptions from the sales and use tax for certain appliances meeting energy star efficiency requirements developed by the federal government and for heat pumps, air conditioners, and natural gas water heaters meeting specified performance measures; and (iv) a 50 percent reduction in the motor vehicle sales and use tax for purchasing or retrofitting motor vehicles that run on clean special fuels.

Full text:
01/10/01  Senate: Presented & ordered printed, prefiled 12/01/00 013111564  pdf | impact statement

Status:
01/10/01  Senate: Presented & ordered printed, prefiled 12/01/00 013111564
01/10/01  Senate: Referred to Committee on Finance
02/01/01  Senate: Left in Finance