SB 640 Virginia Senate · 2024 Regular Session

Energy storage systems; clarifies the tax treatment of systems.

Summary
Tax exempt property; energy storage systems.Clarifies the tax treatment of energy storage systems. The billstrikes language that overrides the provision requiring the amountof tax exemption for energy storage systems to be 100 percent if thetaxing locality has implemented a revenue share for such systems.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2024 Last action Jan 30, 2024
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Jan 11, 2024
Committee
Referred to Committee on Finance and Appropriations
upper
Jan 11, 2024
Introduced
Presented and ordered printed 24102631D
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Tara Durant
Tara Durant
RRepublican
VA
27