California AB2389 extends property tax exclusions for active solar energy systems.

California AB2389 amends the Revenue and Taxation Code to extend property tax exclusions for active solar energy systems. This bill excludes active solar energy systems from the definition of "newly constructed" for property tax purposes. It applies to systems sized up to 10 kilowatts for customer-sited systems and those on public entity properties. The exclusion remains in effect until a change in ownership occurs. The bill also mandates that funds saved from property taxes on public entity systems be used to maintain affordability or reduce future lease costs.

California AB2389 extends property tax exclusions for active solar energy systems.

California AB2389 amends the Revenue and Taxation Code to extend property tax exclusions for active solar energy systems. This bill excludes active solar energy systems from the definition of "newly constructed" for property tax purposes. It applies to systems sized up to 10 kilowatts for customer-sited systems and those on public entity properties. The exclusion remains in effect until a change in ownership occurs. The bill also mandates that funds saved from property taxes on public entity systems be used to maintain affordability or reduce future lease costs.