Solar systems in service before July 2027 would qualify for a property tax exclusion

The proposed text would exclude 80% of a qualifying solar system’s appraised value from property taxes. The exclusion described in the text covers solar energy electric systems placed in service before July 1, 2027. It does not establish whether other tax exclusions may apply. The system must be used directly and exclusively to convert solar energy into electricity. All equipment and infrastructure needed for its full nameplate capacity must be installed, and the system must be producing usable energy. The text would apply to taxes imposed for taxable years beginning on or after July 1, 2027.