Ad valorem tax assessment; revise provision concerning inflation factor for commercial and solar wind facilities.

Summary

The bill changes the state ad valorem tax code so the Department of Revenue must list commercial solar and wind facilities as a separate industrial‑property category when it publishes its yearly inflation‑factor table. If the department does not provide a specific factor for a year, the bill forces the factor to be set at 1.000. This alters how property tax values for those facilities are adjusted over time.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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