02 Jul '17, 2am

Florida Governor Signs Popular Pro-Solar Bill Into Law

On Friday, Gov. Rick Scott, R-Fla., signed into law a bill to implement pro-solar Amendment 4, which Florida voters overwhelmingly passed on the August 2016 primary ballot after solar advocates launched a large grassroots campaign. The implementation bill, S.B.90, recently passed both chambers of the Florida state legislature unanimously. According to the Southern Alliance for Clean Energy (SACE), the bill reduces burdensome state taxes on residential and commercial solar installations by exempting 80% of their value from the tangible personal property tax. It also exempts 80% of the value of a solar installation from the assessment of real property taxes for commercial properties; a 100% exemption already exists for residential properties, SACE notes. “Broad support from conservatives, the business community, the solar industry, and environmental organizations brought tog...

Full article: http://solarindustrymag.com/florida-governor-signs-popula...

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