SB 1014 - Current law exempts solar energy systems not held for resale from property taxes. This act repeals such provision and provides that solar energy systems constructed for exclusive use of a single property may be exempted from property tax at the discretion of the county assessor. (Section 137.100)

Current law also provides that public utility companies with a project using wind energy directly to generate electricity shall have all related property assessed upon the county assessor's local tax rolls. This act also applies such provisions to solar energy projects, and provides that the true value in money of such property shall be equal to 37.5% of the original costs of such property, as described in the act. (Sections 137.124 to 153.034)

JOSH NORBERG