News & Analysis as of

Renewable Energy Property Tax

Mitchell, Williams, Selig, Gates & Woodyard,...

Fuel Cell Modules: Connecticut Appellate Court Addresses Property Tax Exemption Issue

The Superior Court of Connecticut (“SCT”) addressed in a July 24th Opinion how and whether personal property tax exemptions should apply to fuel cell modules that produce both electricity and waste heat. See FuelCell Energy,...more

Ward and Smith, P.A.

What Landowners Need to Know About Solar Farm Leases in North Carolina

Ward and Smith, P.A. on

In 2007, the North Carolina General Assembly established the Renewable Energy Efficiency Portfolio Standards ("Standards"), which required that all investor-owned utilities in the state obtain 12.5% of their energy needs from...more

Dechert LLP

IRS Private Letter Ruling Concludes REMIC Can Hold C-PACE Assessments

Dechert LLP on

Dechert LLP recently obtained an IRS private letter ruling (“PLR”) on behalf of an asset manager concluding that certain C-PACE assessments are “obligations . . . secured by an interest in real property” for purposes of the...more

Farrell Fritz, P.C.

Real Property Taxation of Solar and Wind Energy Systems in New York State: Update

Farrell Fritz, P.C. on

An earlier Tax Tracker discussed the appraisal methodology for solar and wind energy projects in New York State under Section 575-b of the Real Property Tax Law: Real Property Taxation of Solar and Wind Energy Systems In New...more

Stoel Rives LLP

New Washington State Personal Property Tax Exemption for Certain Renewable Energy Generation and Storage Facilities

Stoel Rives LLP on

Beginning with taxes levied for collection in 2025, a newly enacted Washington property tax statute provides an exemption from the state-imposed portion of personal property tax for qualified personal property used for the...more

Husch Blackwell LLP

Missouri Solar Developers Without Clear Direction on Property Tax Abatement Through Enhanced Enterprise Zones

Husch Blackwell LLP on

Enhanced Enterprise Zones (EEZs)- Local governments establish Enhanced Enterprise Zones as an economic development tool to attract new businesses to the area or to incentivize existing businesses to expand....more

Farrell Fritz, P.C.

Real Property Taxation of Solar and Wind Energy Systems in New York State

Farrell Fritz, P.C. on

In 2019, the New York State Legislature enacted the Climate Leadership and Community Protection Act (“CLCPA”), which requires New York State to rapidly decrease greenhouse emissions and scale up renewable energy capacity....more

Pullman & Comley - For What It May Be Worth

New Approach to Taxation of Solar Facilities Proposed in Connecticut

The inconsistent property tax treatment of solar photovoltaic (PV) systems by Connecticut municipalities has created impediments to their development.  These impediments run counter to the State’s policies seeking to promote...more

McDermott Will & Emery

Real Estate Update Q1/2023: Neuerungen im Immobilienwirtschaftsrecht

McDermott Will & Emery on

Das neue Jahr 2023 bringt einige wichtige Gesetzesänderungen für die Immobilienbranche mit sich, die Ihre Aufmerksamkeit verlangen. In unserem Real Estate Update werfen wir einen Blick auf ausgewählte Gesetzesänderungen, die...more

Proskauer - Tax Talks

A Summary of Inflation Reduction Act’s Main Energy Tax Proposals

Proskauer - Tax Talks on

On August 7, the Senate passed the Inflation Reduction Act of 2022 (the “IRA”). The IRA contains a significant number of climate and energy tax proposals, many of which were previously proposed in substantially similar form...more

BCLP

German Property Investments: German Trade Tax Deduction For Property Companies

BCLP on

Summary - ..Based upon a change of law as from 2021 German property companies are allowed to deliver electricity and earn income from contractual relationships with their tenants within certain thresholds without...more

Mitchell, Williams, Selig, Gates & Woodyard,...

93rd Arkansas General Assembly/Renewable Energy Equipment: Proposed Legislation Addressing Property Tax Valuation

The 93rd Arkansas General Assembly convened for regular session on January 11th. House Bill 1751 (HB1751) would provide a definition of “renewable energy equipment” for property tax valuation purposes....more

Farella Braun + Martel LLP

Battery Energy Storage Systems Integrated in Solar Facilities To Receive Tax Incentives

Intermittency is one of the largest issues impeding increased reliance on energy from utility-scale renewable energy generation sources such as wind and solar. Battery energy storage systems (“BESSs”) can alleviate concerns...more

Pierce Atwood LLP

NY Appellate Court Enforces 60-Day Deadline for Local Governments to Require PILOT Agreements from Solar Developers

Pierce Atwood LLP on

Decision binding on all local state taxing authorities - The Appellate Division of the New York courts has affirmed that a local governmental taxing authority must notify a solar project developer within 60 days from when...more

Allen Matkins

Sustainable Development and Land Use Update - June 2020 #3

Allen Matkins on

Proposed California law would fast-track environmentally sustainable transit - San Francisco Chronicle – June 15 - Transportation projects focused on public transit, bikes, and pedestrians would get fast-tracked for...more

Farella Braun + Martel LLP

Unpacking California Solar Taxation: What to Know During Development

Development of solar projects in California has been spurred by California’s renewable portfolio standard (RPS), which requires that 60% of retail electricity sales must be served by renewable resources by 2030 and requires...more

Eversheds Sutherland (US) LLP

Texas extends Chapter 312 Property Tax Abatement Program

Texas Governor Greg Abbott signed HB 3143 into law, extending the Texas Chapter 312 property tax abatement program for a period of 10 years. In addition to extending the program, the bill also provides for increased...more

Eversheds Sutherland (US) LLP

Time may be running out for Texas property tax abatements

The Texas state legislature must decide whether or not to extend the ad valorem property tax abatement program currently authorized under state law. The program is currently set to expire on September 1, 2019. Local tax...more

Dickinson Wright

Exempt Now and Forever More? Not So, Taxpayer

Dickinson Wright on

Like many states, Florida has enacted a renewable energy device exemption legislation that is intended to incentivize construction of residential, building and utility size solar and wind farms....more

Pierce Atwood LLP

Under the Dome Special Edition: 2018 Summary of New Maine Laws and Carry Over Legislation

Pierce Atwood LLP on

We are pleased to provide you with our 2018 Summary of New Maine Laws and Carry Over Legislation resulting from the Second Regular Session of Maine’s 128th Legislature, which adjourned sine die on May 2, 2018. ...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Taxation/Valuation of Solar Panels: Arizona Court Addresses Assessment Issues

The Supreme Court of Arizona addressed in a March 16th opinion whether the Arizona Department of Revenue (“ADOR”) or County assessors are authorized to value solar panels owned by taxpayers and leased to residential and...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Solar Energy Generating Systems: Judicial Challenge of California County's Tax Assessment

California’s Fourth District Court of Appeals considered the validity of the assessment methodology used by the San Bernardino County Assessor to calculate the annual tax on solar properties. See Luz Solar Partner Ltd., III...more

Dickinson Wright

Nevada's Renewable Energy Program Getting The Partial Abatements/Exemptions

Dickinson Wright on

Nevada enacted a Renewable Energy Tax Abatement program in 2009, which it operates under the Governor’s Office of Energy (“GOE”). For eligible renewable energy facilities, the program awards partial abatements for sales and...more

Tonkon Torp LLP

Oregon Targets Renewable Heating Companies for Increased Assessments

Tonkon Torp LLP on

Biomass heating companies, which use renewable energy sources like wood, crop waste, or garbage to generate heat, will now come under central assessment in Oregon. Under central assessment, all of a company's property,...more

K&L Gates LLP

Planned RET Amendments in Poland

K&L Gates LLP on

On 28 June 2017, an official bill amending the Renewable Energy Sources Act and certain other acts (including the Act on Wind Farm Investments), was published on the website of the Government Centre for Legislation. One of...more

35 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide