HB1039: Property Tax - Community Solar Energy Generating Systems - Agrivoltaics

Legislative Summary

Exempting certain community solar energy generating systems from personal property taxes; requiring the Department of Assessments and Taxation to assess certain land used by a community solar energy generating system in a certain manner; requiring the governing body of a county or of a municipal corporation to grant a tax credit against the property tax imposed on real property on which a certain community solar energy generating system is installed; establishing a tax credit against the State property tax imposed on certain real property; etc.