SB 419

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
SB 419 revises the appraisal methodology for solar energy properties for ad valorem tax purposes. It requires appraisers to calculate depreciation using a minimum useful life of 35 years instead of the previous maximum of 10 years, potentially reducing the annual tax burden for these properties​.
Author (1)
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