Article IV. REAL ESTATE AND TANGIBLE PERSONAL PROPERTY TAX EXEMPTION FOR CERTIFIED SOLAR ENERGY EQUIPMENT, FACILITIES OR DEVICES

§ 9-84. Determination of exemption.

Latest version.

(a)

Upon receipt of a certified application from the building official, the county assessor shall determine the value of such qualifying solar energy equipment, facility or device. The exemption provided by this article shall be determined by applying the county tax rate to the value of such equipment, facility or device and subtracting that amount from the total real estate tax due on the real property to which such equipment, facility or device is attached.

(b)

The exemption shall first apply in the tax year after the application is approved and shall be permitted for five years.

(c)

It shall be presumed, for the purposes of this article, that the value of such qualifying solar energy equipment, facility or device is not less than the normal cost of purchasing and installing such equipment, facility or device.

(Code 1978, § 8-36)

(Code 1978, § 8-36)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');