AN ACT IMPLEMENTING A UNIFORM SOLAR CAPACITY TAX.

SB 899 would impose a new tax on solar energy equipment, such as solar panels, that generates electricity through photovoltaic technology. This tax applies to manufacturers and sellers of such equipment, not end-users or the electricity produced. The bill establishes a single, uniform tax rate statewide for qualifying solar devices. Its purpose is to create a standardized tax system for solar energy equipment under state law.