Personal property taxation; establishes classification for major energy consumer equipment upgrades.
Sponsored By: David A. Reid (Democratic)
In Committee
Summary
Personal property taxation; classifications; major energy consumer equipment upgrades. Establishes a special classification for generating equipment purchased on and after July 1, 2026, for the purpose of upgrading the backup or standby power systems of a major energy consumer (i) from equipment that does not meet Tier 2 emission standards to selective catalytic reduction generators that meet or exceed Tier 4 emission standards or (ii) to meet New Source Performance Standards as enforced by the Department of Environmental Quality, as applicable. The bill provides that such equipment may be taxed at a lower rate than is applied to other tangible personal property.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
David A. Reid
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Continued from last session
7/21/2026HouseContinued to 2027 in Finance (Voice Vote)
2/11/2026HouseHouse subcommittee offered
2/9/2026HouseAssigned HFIN sub: Subcommittee #1
2/3/2026HouseFiscal Impact statement From TAX (1/31/2026 3:44 pm)
1/31/2026HouseReferred to Committee on Finance
1/13/2026HousePrefiled and ordered printed; Offered 01-14-2026 26104947D
1/13/2026House
Bill Text
Amendment
2/10/2026
Introduced
1/13/2026
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