Newly constructed solar energy systems are exempt from California property tax until Dec. 31, 2026, under a law signed by Gov. Gavin Newsom on Sunday.
The law (S.B. 1340) extends an existing property tax exclusion for two more years. It was set to expire at the end of 2024.
The Democratic governor issued a signing statement saying he wants lawmakers to consider the property tax losses for local governments “before bringing forward another extension” of this property tax break.
- Since 1980, California has excluded new active solar systems on residential or commercial property from tax until a ...
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