Rule 19(a) / Re-referred to Rules Committee
Summary
The bill raises the assessed value per megawatt for wind turbines and commercial solar farms, changing the cost basis used to calculate property taxes. Starting with the 2027 tax year, wind devices will be valued at $588,000 per megawatt (up from $360,000) and solar systems at $446,000 per megawatt (up from $218,000). This affects owners of qualifying wind and solar installations by potentially increasing their property tax bills.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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