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Senate Bill No. 1091:

A BILL to amend and reenact § 58.1-3660 of the Code of Virginia, relating to property tax exemption for solar photovoltaic systems; bonding requirement; regulations.

Summary As Introduced:

Property tax exemption for solar photovoltaic systems; bonding requirement; regulations. Requires an owner or operator of solar photovoltaic systems and related equipment to submit a performance and reclamation bond to the Department of Mines, Minerals and Energy (the Department) in order to qualify for a property tax exemption. The bill also requires the Department to promulgate regulations requiring all such owners and operators to submit decommissioning and site reclamation plans.

Senate Bill No. 1091 PDF:

http://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1091+pdf