Connecticut HB05442 modifies property tax exemptions for certain renewable energy sources.

Connecticut HB05442 amends the property tax exemption for certain Class I renewable energy sources. It allows municipalities to enter into agreements to freeze or stabilize property taxes for solar photovoltaic systems. The bill also specifies that the exemption applies only to equipment and devices primarily for generating electricity, not the real property they are installed on.

Connecticut HB05442 modifies property tax exemptions for certain renewable energy sources.

Connecticut HB05442 amends the property tax exemption for certain Class I renewable energy sources. It allows municipalities to enter into agreements to freeze or stabilize property taxes for solar photovoltaic systems. The bill also specifies that the exemption applies only to equipment and devices primarily for generating electricity, not the real property they are installed on.