The May 4 bill provides tax incentives to commercial and industrial ratepayers that buy and install solar energy systems. Residential customer-generators have had those incentives since 2013.
SB 90 is now in returning messages in the Senate with final passage expected shortly. If the Governor receives the bill while the Legislature is in session, the constitution allows a seven-day period within which to sign or veto the bill. If the Legislature adjourns before the bill is presented, the Governor has 15 to take action.
"The implementation of Amendment 4 is a win for the solar industry in Florida," stated Patrick Altier, President of Florida Solar Energy Industries Association (FlaSEIA). "Our membership of Florida solar companies has been working tirelessly in the Legislature, with solar advocates, and many other coalition partners over the past several years, fighting for good policy. Reducing burdensome taxes will lead to more solar, more local jobs, and a brighter future for our state."
The tax incentives would begin in 2018 and extend for 20 years.
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