|BILL AS INTRODUCED||2007-2008|
Introduced by Representatives Ainsworth of Royalton, Acinapura of Brandon, Branagan of Georgia, Bray of New Haven, Clark of St. Johnsbury, Devereux of Mount Holly, Godin of Milton, Larrabee of Danville, LaVoie of Swanton, Lawrence of Lyndon, Moran of Wardsboro, Perry of Richford, Stevens of Shoreham, Winters of Williamstown and Zuckerman of Burlington
Subject: Taxation; appraisal value; property tax; exemption of alternative energy improvements
Statement of purpose: This bill proposes to exempt from property taxation any alternative energy improvements made by a homeowner, until the date the parcel is transferred to a new owner.
AN ACT RELATING TO PROPERTY TAX EXEMPTION FOR HOMEOWNER ALTERNATIVE ENERGY IMPROVEMENTS
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 32 V.S.A. § 3802 is amended to read:
§ 3802. PROPERTY TAX
The following property shall be exempt from taxation:
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(17) Any real or personal property used directly and exclusively for conversion of solar, wind, or geothermal energy to electricity or other energy for private residential purposes, no part of which energy may be for sale or exchange to the public except through a net metering system as defined under 30 V.S.A. § 219a; and which property is added by the owner after his or her original acquisition of the parcel and was not incorporated at the time of original construction of the residence.
Sec. 2. EFFECTIVE DATE
This act shall apply to grand lists for April 1, 2009, through April 1, 2018, and 32 V.S.A. § 3802(17) is repealed effective January 1, 2019.
The Vermont General Assembly
115 State Street