AN ACT CONCERNING THE PROPERTY TAX EXEMPTION FOR CERTAIN SOLAR PROJECTS AND THE TAX CALCULATION OF SOLAR PROJECTS ON ONE PARCEL OF LAND.

SB 897 removes the property tax exemption for solar photovoltaic systems between 0.5 and 7 megawatts, meaning owners of these systems will now pay personal property tax on them. It also changes how tax is calculated for multiple solar projects on a single parcel of land, treating all such projects as one unified system for tax purposes. This directly affects solar developers and property owners installing systems in that size range, particularly those with multiple arrays on one plot. The bill modifies existing tax rules to ensure consistent calculation and eliminate the previous exemption for mid-sized solar installations.