Eliminate all state and county subsidies or tax breaks for solar compounds or wind compounds or other renewable energy corporations
HB 2471 eliminates tax credits for corporations and businesses using solar, wind, or other renewable energy systems (like solar/wind farms), effective after July 1, 2024. It directly affects commercial renewable energy operators, excluding individual homeowners who retain tax credits for residential systems. The bill also imposes new requirements: renewable energy facilities must be set back at least one mile from homes and require $400 million in liability insurance per 100 acres for cleanup after disasters. These changes aim to remove financial incentives for corporate renewable projects while maintaining support for residential installations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2025
Last action Feb 17, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Feb 17, 2025
Committee
To House Energy and Public Works
lower
Feb 17, 2025
Introduced
Introduced in House
lower
1 primary · 8 co-sponsors
Sponsors
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