SB 3183: RENEWABLE ENERGY TECHNOLOGIES; INCOME TAX CREDIT; INCOME RESTRICTION; SOLAR ENERGY SYSTEMS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-02-13
Current Status:
In Progress
(2026-02-25: The committee(s) on WAM deferred the measure until 03-03-26 10:15AM; Conference Room 211 & Videoconference.)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Amends the renewable energy technologies income tax credit by beginning 12/31/26, prohibiting individually or jointly filing taxpayers with an adjusted gross income of $250,000 or greater from claiming a credit for certain solar energy systems installed and placed in service on a single-family residential property, with certain exemptions; removing certain cap amounts for solar energy systems; and increasing the adjusted gross income requirements for an individual taxpayer to elect to have any excess credits refunded. Effective 4/19/2042. (SD1)
Discussed in Hearing