The Louisiana Solar
Energy Society is an
educational organization formed to promote the
use of solar energy and to share information
on the subject between its members and the
public.
House Bill 858, House Bill
733 and Senate Bill 224 have been signed into law this week! -July 10, 2009
HB858 (Ponti):
Expands eligibility for the wind and solar energy system tax credit to taxpayers
who purchase and install such systems in residential properties. Read full bill here
HB858.pdf. (LSES Supports)
HB 733 (Ledger): House
Bill 733 is a tax credit for the green jobs industry. How much the tax credit
will be depends on how much the project is. For projects between $100,000 and
$300,000 there is a tax credit of 10%, for projects between $300,000 and $1
million there is a 20% tax credit, and for projects greater than $1 million
there is a tax credit of 25%. No more than $60 million in tax credits shall be
granted for state certified green jobs per year. To read the bill click
. (LSES
Supports)
SB224 (Gautreaux): Authorizes creation of
sustainable energy financing districts by local governmental subdivisions and
provides for issuance of bonds and property assessment programs for solar and
energy efficiency projects. Read full bill here
SB224.pdf. (LSES Supports)
Also passed in the
Louisiana Legislature earlier this month was HCR93 (Peterson): Establishes the
Louisiana Climate Change Policy Commission. Read full bill here
HCR93.pdf.
(LSES Supports)
