2021 - Assembly Bill 1108 (Cunningham, Jordan), Greenhouse Gas Reduction Fund: Transfer of Solar Tax Exemption (2-Year)
Bill Number
AB 1108
Legislative Session
2021-2022
Bill Information
Category
Climate Change
Status
2-year
Author
Cunningham.Jordan
Contact
Office of Legislative Affairs
Email
Summary
Would provide a partial income tax exemption to a resident leasing a solar electric generation system if the solar electric generation system is used to comply with specified State buildings standards and the tangible personal property on a rental property is used in specified activities. This bill requires a transfer of the total dollar amount of solar tax exemptions provided by this bill from the Greenhouse Gas Reduction Fund to the General Fund. Was not heard in the Assembly Revenue and Taxation Committee.