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A 1161

Relates to exempting heat and power generating equipment from taxation

2025 Regular Session Introduced by Amy Paulin and 1 co-sponsor

Creates a property tax exemption for heat and power generating equipment used on-site, reducing taxes for qualifying installations and spurring on-site energy projects.

REFERRED TO REAL PROPERTY TAXATION
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Bill Summary · A 1161

Bill Summary: Assembly Bill A 1161

Overview

A 1161, titled “Relates to exempting heat and power generating equipment from taxation,” proposes a property tax exemption for heat and power generating equipment. The bill is currently in the early stage of consideration, having been introduced on January 9, 2025 and referred to the Real Property Taxation committee. The primary sponsor is Amy Paulin, with Jo Anne Simon listed as a cosponsor. The bill’s related-bill context includes several prior-session proposals (A 8906, A 1323, A 5150, A 2616) that appear to address similar topics.

What the bill would do

  • Create a property tax exemption for heat and power generating equipment.
  • The exemption would apply to qualifying equipment used to produce heat and/or electricity, potentially including on-site energy generation systems.

Because the full text is not provided here, the precise scope, eligibility criteria, duration, and any caps or conditions are not specified in this summary. The detailed definitions (e.g., what constitutes qualifying equipment, whether the exemption applies to new installations only or to existing equipment, any jurisdictional limitations, or phase-in schedules) would be set forth in the bill’s language.

Key provisions and changes (high-level)

  • Establishment of a tax exemption for heat and power generating equipment.
  • Potential criteria for qualification (to be defined in the statute).
  • Administrative framework for implementing the exemption (e.g., how property taxes would be calculated with the exemption, any documentation requirements).
  • Interaction with local taxing jurisdictions and existing exemptions.

Note: Specific dollar amounts, percentages, dates, or thresholds are not provided in the available information.

Affected parties and impact

  • Primary affected party: property owners and facilities that install or own heat and power generating equipment used on-site.
  • Potential impacts: reduced local property taxes for qualifying properties, which could influence decisions to install or upgrade on-site energy generation. Local governments would experience a change in tax base corresponding to the value of exempt equipment.

Procedural and timeline aspects

  • Introduced: January 9, 2025.
  • Status: Referred to Real Property Taxation (the next step typically involves committee hearings, potential amendments, and votes before floor consideration).
  • No further actions are listed in the provided information, so the timeline depends on subsequent committee action and legislative calendar.

Related context

  • The bill is linked to several prior-session bills (A 8906, A 1323, A 5150, A 2616), suggesting an ongoing interest in aligning tax policy with energy or infrastructure investments. If enacted, A 1161 could build on or interact with provisions in those related measures.

Next steps for readers

  • Review the full text of A 1161 to understand eligibility, scope, and implementation details.
  • Monitor committee hearings in the Real Property Taxation committee for amendments, fiscal impact assessments, and votes.
  • Consider how the exemption, if enacted, might affect property taxes in your locality and any related budgeting considerations.

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

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