26RS HB 785

Actions

Last Action	02/27/26: to Committee on Committees (H)
Title	AN ACT relating to solar farms in the Commonwealth.
Bill Documents	Introduced
Bill Request Number	222
Sponsor	J. Payne
Summary of Original Version	Create a new section of KRS Chapter 138 to define "owner," "solar farm," and "taxes"; levy an excise tax on the owner of a solar farm in Kentucky at an annual rate of $200 per acre for land used to generate electricity; provide for a yearly increase of the tax rate based on the change of the consumer price index; specify reporting and payment requirements; establish penalties.
Index Headings of Original Version	Accountants - Excise tax, solar farms, imposition Agriculture - Land use, solar farms, excise tax, imposition Energy - Solar farms, excise tax, imposition Funds - Rural development fund, solar farm, excise tax, revenues Public Utilities - Solar farms, excise tax, imposition Taxation - Solar farms, excise tax, imposition Land Use - Solar farms, excise tax, imposition Property - Solar farms, excise tax, imposition