31st Legislature, 2021
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Report Title: Energy Storage; Tax Credit; Investment; Utilization; Energy Storage Portfolio Standards; Appropriation ($)
Description: Establishes an income tax credit for each grid-connected energy storage property that is installed and placed in service in the State during the taxable year beginning after 12/31/2015; provided that this tax credit shall not be available for taxable years beginning after 12/31/2026. Allows the tax credit to be claimed as either an investment credit or utilization credit. Appropriates moneys to administer the tax credit. Requires the Public Utilities Commission to establish and periodically revise energy storage portfolio standards and report to the Legislature.
Package: None
Current Referral: EEP, CPC, FIN
Introducer(s): LOWEN, C. LEE

Sort by Date Status Text
1/26/2015HPending introduction.
1/28/2015HIntroduced and Passed First Reading
1/28/2015HReferred to EEP, CPC, FIN, referral sheet 3

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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