Solar energy projects and energy storage systems; revenue share for projects and systems.

Revenue share for solar energy projects.Provides that every five years the maximum amount of the revenue share that a locality may impose on certain solar energy projectsshall be adjusted by the percentage by which the Consumer Price Indexfor All Urban Consumers (CPI-U), as published by the Bureau of LaborStatistics of the U.S. Department of Labor, for the most recent calendaryear exceeds the CPI-U published at the close of the 12-month periodending on December 31, 2020. The bill also provides that the localitymay substitute the Marshall and Swift Building Cost Index, or anysuccessor index, for the CPI-U in its calculation of the adjustment.