HB20-1059
Valuation Of Energy Storage Equipment
Concerning the valuation of property used to store electricity.
Session:
2020 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
Energy Legislation Review Interim Study Committee. The bill ensures that clean energy resources and energy storage systems used to store electricity are assessed for valuation for the purpose of property taxation in a similar manner to renewable energy facility property used to generate and deliver electricity.
(Note: This summary applies to this bill as introduced.)