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Bill

Bill

A 1373

Increases the amount of residential solar tax credits

2025 Regular Session Introduced by Didi Barrett and 35 co-sponsors

Raises the residential solar tax credit amount, enabling homeowners to claim a larger credit for solar installs and boosting residential solar adoption.

REFERRED TO WAYS AND MEANS
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WeVote Research Nonpartisan
Bill Summary · A 1373

Summary: A 1373 – Increases the amount of residential solar tax credits

Overview

A 1373 is a bill introduced on January 9, 2025, titled “Increases the amount of residential solar tax credits.” The bill aims to raise the value of the state residential solar tax credit. The measure is currently in the printing and amendments stage, with the reprint labeled as 1373A.

Status and Procedural Timeline

  • Introduced: January 9, 2025
  • Referred to: Ways and Means (January 9, 2025)
  • Action on January 27, 2025: Amended and recommitted to Ways and Means; reprinted as 1373A
  • Status: Print Number 1373A (as of January 27, 2025)

Note: The bill has undergone committee amendments and is proceeding through the Ways and Means process. No final passage or enacted status is shown in the provided information.

What the bill would do

  • Core objective: Increase the amount of the residential solar tax credit.
  • The summary provided does not include exact figures (e.g., percentage increases, maximum credit amounts, or any sunset/date-specific provisions). The bill’s primary stated purpose is to expand the financial incentive for homeowners who install residential solar energy systems.

Key provisions and changes (as stated)

  • Increase to the residential solar tax credit amount for qualifying installations.
  • Specific parameters (credit percentage, cap, eligible systems, eligible costs, eligibility criteria, and any sunset provisions) are not enumerated in the available summary. Details would be clarified in the text of the amended bill (1373A) and accompanying fiscal notes.

Who would be affected

  • Primary beneficiaries: Homeowners and residents who install qualifying residential solar energy systems, who would be able to claim a larger tax credit.
  • Implementation and administration: The state tax department (or equivalent tax authority) would administer the credit, including eligibility verification and processing of claims.
  • Economic and industry effects: Potentially increased demand for residential solar installations; possible short-term impact on state tax revenues due to a larger credit.

Related legislative context

  • Related bills: A 6739 (prior-session) and S 2626 (companion). The S2626 companion appears in two entries, indicating cross-filed versions in other chambers.
  • Sponsors: A broad slate of cosponsors and a noted primary sponsor, Latrice Walker. The list includes numerous lawmakers who support expanding the solar credit.

Additional notes

  • The bill is part of ongoing energy and fiscal policy discussions and aligns with broader efforts to promote solar adoption and renewable energy infrastructure.
  • Readers seeking specifics (exact credit amounts, eligibility details, and effective dates) should review the full text of the 1373A version and any fiscal impact statements once available.

Compiled from official sources — confirm details with the bill’s official record.

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