2022 House Bill 6237

Authorize income tax credit for buying solar cells

Introduced in the House

June 16, 2022

Introduced by Rep. Abraham Aiyash (D-4)

To authorize an income tax credit for both businesses and individuals equal to 10% of the cost of a photovoltaic energy system. If the credit exceeds the taxpayer’s annual income tax bill the unused portion could be “carried forward” and applied against up to five years of future income tax liability.

Referred to the Committee on Tax Policy