![Will a Tax Deferral Encourage Solar Power Parking Lots? [VIDEO] – Auburn Examiner](https://dmv-california.com/wp-content/uploads/2022/03/npressfetimg-5073.png)
Concerning: Creating a sales and use tax deferral program for solar canopies placed on large-scale commercial parking lots and other similar areas. Bill as Passed (pdf) Final Bill Report (pdf)
Sponsors: Carlyle, Liias, Gildon, Lovelett, Mullet, Nguyen, Rolfes
Votes on Final Passage: Senate 29 19 | House 57 40
Summary of Bill:
State and Local Sales and Use Tax Deferral for Solar Canopies. The Department of Revenue (DOR) must issue a sales and use tax deferral certificate for state and local sales and uses taxes on an eligible investment project.
An eligible investment project (project) is an investment in a qualified solar canopy, including labor and services rendered in the planning, installation, and construction of the project, that is located in a qualifying commercial center. A qualified solar canopy is a new elevated structure, or multiple structures, containing a solar energy system with a nameplate capacity of at least one megawatt (MW) of alternating current and has an area of at least 50,000 square feet. A qualifying commercial center is a property currently used for retail,
industrial, or other commercial purposes, containing a parking area or other area dedicated for both vehicle use and placement of a solar canopy.
Available Video
Source: https://auburnexaminer.com/will-a-tax-deferral-encourage-solar-power-parking-lots/