An Act To Provide a Property Tax Exemption for Renewable Energy Fixtures
Sec. 1. 36 MRSA §656, sub-§1, ¶K is enacted to read:
(1) Are intended to produce energy from solar power, wind power, ocean thermal power, wave power, tidal power, fuel cells or methane gas from landfills;
(2) Enable low-emission advanced renewable energy conversion technologies;
(3) Are part of a run-of-the-river hydropower facility with a generating capacity of up to 5 megawatts; or
(4) Are part of a sustainable biomass facility with an average emission rate no greater than 0.075 pounds of nitrogen oxides per million British Thermal Units.
This bill provides a property tax exemption for renewable energy fixtures installed on or after September 1, 2019.