SB 3183: RENEWABLE ENERGY TECHNOLOGIES; INCOME TAX CREDIT; INCOME RESTRICTION; SOLAR ENERGY SYSTEMS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-03-27
Current Status:
In Progress
(2026-03-30: Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Muraoka, Pierick, Shimizu voting aye with reservations; Representative(s) Garcia voting no (1) and Representative(s) Cochran, Lowen, Perruso, Quinlan excused (4).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Amends the renewable energy technologies income tax credit by: for taxable years beginning after 12/31/26, prohibiting taxpayers with an adjusted gross income of $250,000 or greater if filing as an individual or $350,000 or greater if filing jointly from claiming the credit for certain solar energy systems installed and placed in service on a single-family residential property; limiting credit claims for certain solar energy systems for single-family residential property to two systems per single-family residential property and requiring systems to have a total output capacity of at least five kilowatts; and increasing the adjusted gross income threshold below which an individual taxpayer may elect to have any excess credits refunded. Effective 7/1/3000. (HD1)
Discussed in Hearing